The Tax Institute was quoted on 13 February in AAP publications: ‘FED: Tax changes will protect $1b a year’ regarding amendments to Part IVA. In the article we say by changing laws that have been in place for more than 30 years and have been extensively ruled upon by the courts, there is potential for confusion and uncertainty.
The Tax Institute was quoted on 14 February in the Australian: ‘Global push for updated tax laws’ regarding the Organisation for Economic Co-operation and Development’s (OECD) paper on base erosion and profit shifting. In the Article we say we welcome the OECD report's recognition of problems with the existing source and residence doctrines on which the international tax treaty system is based.
On 14 February The Tax Institute also issued a media release: ‘Thirty-Three Red Roses From Inspector-General's Report, But Beware The Thorns’ in response to the Inspector General's report regarding a review into Improving the Self-Assessment System.