The Australian Taxation Office has urged citizens to accurately report any profits made in the process of trading cryptocurrencies like Bitcoin (BTC), anticipating tax filings from a pool of 600,000 ...

The discounts on the interest charged for making an incorrect family trust election fall off sharply the longer a trust ...

The Australian Tax Office (ATO) recently conducted raids on a number of businesses suspected of utilizing or supplying electronic sales suppression (ESS) tools, sometimes referred to as “Zappers,” to ...

Google has warned the federal government of Australia that its high taxes could cause the country to miss out on AI and data ...

MELBOURNE (Reuters) – Australia’s tax office proposed tough rules on Wednesday for taxing gains n private equity investments, sparking a call from the industry for the government to step in to clarify ...

The deadline for lodging fringe benefits tax (FBT) returns is fast approaching, and the Australian Taxation Office (ATO) is issuing a stern warning to businesses. Employers who provide fringe benefits ...

“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. The ...

Google paid hundreds of millions of dollars in additional Australian taxes to settle a long-running dispute with authorities there, officials said Wednesday. The Silicon Valley giant forked over an ...

The Australian Tax Office is to shortly invest heavily in a range of new online, phone, credit card and phone payment services for its customers. The initiative will see the ATO sign three separate ...