If Labour win the New Zealand election they will impose a top individual tax rate of 39% (income over $180,000). If National win, they will not cut personal tax rates, but will index the tax brackets (an effective tax cut). The Australian Government has legislated tax cuts to be...
Labour have announced their policy to have a new tax band of 39% for individuals earning income over $180,000. There is no planned increase in the trust tax rate and nothing mentioned about the corporate rate. It plans to raise around $550m pa. While it will appeal to those...
Cameco, the Canadian uranium mining and trading giant, has successfully defended its transfer pricing position involving the establishment of an offshore trading centre in Switzerland and not have its intercompany transactions completely disregarded. The Court disagreed that profits had been wrongly ‘shifted’ from Canada to Switzerland. This decision has relevance...