KPMG Tax Now

The Organisation for Economic Cooperation and Development (OECD) has been bold enough to release financial projections in terms of the additional revenue that would be raised by a certain assumption under its initiative on taxation and the digitalization of the economy. See related articles on Tax Now: OECD provides further update on plans for taxation of the digitalized economy BEPS 2.0: What businesses are affected by the latest OECD digital tax update? BEPS 2.0: Analysing the potential impact of the OECD digital tax proposals

The KPMG Tax Now podcast series offers you unparalleled access to key analysis and discussion. In recent years, Fringe Benefits Tax (FBT) has enjoyed a hiatus from large-scale regulatory change and attention from the Australian Taxation Office (ATO). However, with the 31 March 2019 FBT year-end fast approaching, there have been a number of technical developments, and new guidance has been released. KPMG Employment Tax partners Hayley Lock and Nathan Hamilton, along with Senior Manager Stacey Biggar, explore some of the recent technical changes and share insights on how FBT processes can be automated.

The R&D tax incentive has been in the news a lot lately, with several high profile companies having their R&D tax claims denied. In episode #5 of the KPMG Tax Now podcast series, David Gelb – Lead Partner of KPMG’s Accelerating Business Growth group, Ramanie Naidoo – a KPMG Partner in Accelerating Business Growth, and Georgia King-Siem – a KPMG Director in Accelerating Business Growth, discuss the current R&D tax landscape and divulge their insights on how to make an audit ready R&D claim.

KPMG Head of Blockchain Laszlo Peter, the Chair of Disruptive Innovation and Law with the University of New South Wales Law School Professor Ross Buckley and KPMG Technology and Growth Senior Manager Peter Xing discuss whether a currency such as Libra could transform the Australian economy.

'I pay tax because someone else doesn't pay tax' may broadly underpin Australia’s hybrid mismatch rules, but wrapped in this simple concept is some complexity. KPMG’s Economics and Tax Centre Director Jenny Wong, KPMG International Tax Partner Peter Madden and KPMG Corporate Tax Partner Paul Sorrell explore the hybrid mismatch rules and what it all means for large business.

With tax playing a role in the general decline of public trust in business, how can new technology assist in recovering it? KPMG's Economics and Tax Centre Lead Tax Partner Grant Wardell-Johnson, KPMG Tax Governance and Transformation Director Phil Beswick and KPMG Tax Technology Director Ben Scull discuss this question and delve further into the issue of trust and technology in tax.

With the federal election now behind us, and the Labor Party’s polices regarding thin capitalisation under review, is it now simply business as usual for the large end of town? KPMG Economics and Tax Centre Director Jenny Wong, KPMG Transfer Pricing Partner Tim Keeling and KPMG Corporate Tax Partner Catherine Dean discuss this question and the broader topic of thin capitalisation – its past, present and future.