Australia: International Tax

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.