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Alternative assets insights: Aggregated turnover threshold

Published on 01 Dec 20 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

How an entity’s aggregated turnover is calculated is critical when determining whether it can access the recently enacted temporary loss carry-back and super-charged instant asset write-off measures.

Author profiles

Jonathan Malone CTA
Jonathan is a Partner in PwC’s Global Tax Practice with over 18 years experience as a corporate tax adviser, specialising in international tax, M&A, cross-border related party arrangements and tax policy considerations. Jonathan advises global technology companies on their operations in Australia, along with the tax implications arising from cross-border transactions. - Current at 26 June 2019
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Sarah Saville
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Joanne Murray

 

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