Australia: International Tax

by Lucy Webb

Part of a series on 2024-25 Australian Tax Updates. This short course looks at the world of international tax, including the latest Pillar Two developments, changes to the foreign resident capital gains tax regime, requirements for a consolidated entity disclosure statement and new debt deduction creation rules.

This course is not currently available

This module will enable you to

  • Discuss the latest Pillar Two developments
  • Outline the Federal Budget's measures on the foreign resident capital gains tax regime
  • Recognise the requirements for the consolidated entity disclosure statement
  • Understand the new debt deduction creation rules

About the module

There have been quite a few developments in relation to international taxation over the past few months.

There is plenty for advisers to be aware of as we take a look at the implementation of the OECD's Two-Pillar Solution to reform international taxation and the introduction of Australia's reformed thin capitalisation rules. We also explore new requirements for Australian public companies to include a consolidated entity disclosure statement (CEDS) in annual financial reports.

This update offers a high-level overview of the key developments.

Look inside

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Contents

  • International tax and foreign residents
    • Looking internationally
    • Changes to the foreign resident capital gains tax regime
    • Pillar Two update
    • Intangibles
    • Thin capitalisation
    • The consolidated entity disclosure statement

How it works

Author

Lucy Webb

Lucy is a chartered accountant (ACA) and chartered tax adviser (CTA). She gained her experience in practice at Deloitte, working for multinational clients as well as clients within the asset management industry.

Reviews

More in this series

Take a look more modules from the series: Australia Tax Updates 2024-25

This course is not currently available. To find out more, please get in touch.