Australia Tax News
Comments on draft contents of 2008 update to Model Tax Convention published
Treaty between India and Australia – Indian ruling on taxability of project monitoring services rendered by Australian company with PE in India
Reform of anti-deferral regimes – Issues Papers released
Draft of 2008 Model Tax Convention – Proposed changes to Commentary to Art. 12 (definition of royalties)
Treaty between Australia and Ireland – ATO: Irish Common Contractual Fund not treaty resident
Treaty between Australia and US – No treaty relief for US tax paid
Draft ruling of taxation of ship and aircraft leasing profits
Foreign investment rules to be amended
Treaty between Australia and South Africa – new protocol signed
Treaty between the Netherlands and Australia – negotiations
Treaty between Australia and Japan – details
Withholding tax on payments from managed funds to be halved
CFC attribution based on de-facto control test clarified
ATO decides Dutch pension fund constituted as Stichting is trust
Treaty between New Zealand and Australia – negotiations
Treasury invites comments on future tax treaties
OECD released discussion draft on transactional profit methods
High Court decision on Australia-New Zealand tax treaty
Treaty between Australia and United Kingdom – ATO interprets by reference to LOB provision in treaty between Australia and United States
Interaction between thin capitalization and transfer pricing rules
Treaty between Australia and Finland enters into force
Treaty between Norway and Australia – erratum
Treaty between Australia and Norway enters into force
Consolidation rules to be amended to take rollovers into account
Treaty between Australia and Finland ratified
ATO clarifies dealings with tax havens
Treaty between Australia and France ratified
Thin capitalization rules to be amended to accommodate IFRS
Treaty between Australia and Norway ratified
Treaty between Australia and US – ATO explains treaty shopping
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