Published on 01 Aug 08
by "THE TAX SPECIALIST" JOURNAL ARTICLE
This paper provides a brief overview of the taxation of shipping profits in Australia. The shipping industry is currently undergoing a boom, which has been fuelled by demand for Australia’s resources, and there has been an increased focus on the taxation of profits derived by shipping enterprises, further intensified by a recent Full Federal Court decision and a raft of ATO rulings and determinations. This paper highlights some of the key taxation issues that shipping enterprises should consider.
Tax Principal, Deloitte Perth.
Current at August 2008 Current at 26 August 2008
Current at 02 June 2009
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