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Why big tech will hate the Australian tax office’s latest ruling
7+ hour, 40+ min ago (845+ words) Countries like Australia have long struggled to tax the global tech giants. Now, a new approach could significantly increase tax collected from multinationals such as Apple, Google, Microsoft and Amazon. These companies earn significant revenue from Australian consumers. However, much…...
Selling a business to an employee ownership trust: the tax memo can be right and the deal can still fail
13+ hour, 31+ min ago (378+ words) Your client signs the share purchase agreement, shakes hands with people he has employed for twenty years, and drives home. He no longer runs the company. For the next two years he still owns the tax bill if the people…...
‘Investment likes certainty, the referendum does not provide that’: analyst
22+ hour, 21+ min ago (108+ words) CTV News ‘Investment likes certainty, the referendum does not provide that’: analyst Political analyst Lori Williams gives her take on Premier Smith’s statement that the Alberta referendum will not handicap investment opportunities. Canadian boxing legend George Chuvalo dead at 89 Ottawa…...
Aussie rocked by $150,000 ATO bill as small businesses face new rules: 'Doesn't make sense"
15+ hour, 5+ min ago (999+ words) Small business owners continue to voice their frustrations, lamenting the difficult conditions they face in the current economic environment. Changes to superannuation, a looming new workplace ban, an end to card surcharges, high interest rates and rising insurance costs, as…...
Push grows for junior explorer CGT protection
11+ hour, 10+ min ago (273+ words) Australian mining bodies are continuing to push for junior mineral explorers to be provided with appropriate protections from the Federal Government’s capital gains tax (CGT), consistent with the support already provided to other start-up sectors. The Minerals Council of Australia…...
CAFBA says major flaws remain in discretionary trust plan
1+ day, 6+ hour ago (889+ words) CAFBA has warned that the government’s revised discretionary trust plan still leaves small and family businesses facing a difficult choice between trust flexibility and a higher tax burden. The Commercial & Asset Finance Brokers Association of Australia (CAFBA) has welcomed the…...
New tobacco excise rules take effect from Oct 1
22+ hour, 58+ min ago (299+ words) Muscat – The Tax Authority has set minimum standard prices for cigarettes and other tobacco products for the calculation of excise tax, with the new rules taking effect from October 1, 2026. Under Decision No 206/2026, the standard price of a pack containing 20 cigarettes…...
Canberra details tax changes with limited concessions for some innovators
1+ day, 3+ hour ago (100+ words) PharmaDispatch Canberra details tax changes with limited concessions for some innovators AusBiotech has welcomed concessions to changes to the R&D Tax Incentive and Capital Gains Tax but remains concerned about the potential impact on emerging life sciences companies. … Rare…...
PSEC6510790 Bond Yield and Price — FINRA:PSEC6510790 — TradingView
1+ day, 4+ hour ago (78+ words) Prospect Capital Corp. is a closed-end investment company, which lends to and invests in middle market privately-held companies. It targets companies operating across a broad range of sectors. The firm provides debt and equity financing for buyout, growth, development, and…...
PSEC6510788 Bond Yield and Price — FINRA:PSEC6510788 — TradingView
1+ day, 4+ hour ago (78+ words) Prospect Capital Corp. is a closed-end investment company, which lends to and invests in middle market privately-held companies. It targets companies operating across a broad range of sectors. The firm provides debt and equity financing for buyout, growth, development, and…...