The Foreign Investment Review Board regime is a critical component of the country’s approach to regulating foreign investments. Recent reforms to this regime reflect the Australian government’s response to the constantly evolving landscapes.

Victorian holiday homeowners will have been paying close attention to the expansion to vacant residential land tax provisions in the Land Tax Act 2005 which come into effect from the 2025 land tax (calendar) year.

Withdrawing AFP funds offers immediate access to the money but comes with tax implications, investment risks, and potential loss of social security and health benefits.

The Australian Government has recently proposed a significant overhaul of the country’s merger review system. The proposed merger reform seeks to amend the CCA to strengthen the merger review process and enhance competition in the market, and to create a more robust, streamlined, and transparent merger control regime.

The Labor Government has been tight lipped on the contents of the 2024-25 Victorian State Budget (2024-25 Budget) with Premier Jacinta Allan suggesting the first budget under her reign would be family focused, yet today’s unveiling has brought less-than-optimistic news for some.

Law 21,440, introduced important innovations in terms of tax incentives for donations to corporations and foundations, among other non-profit entities. This law contains a set of requirements and prohibitions to safeguard the proper use of donated resources.

On January 1 of this year, the agreement to avoid double taxation (CDT) between Chile and the United States came into force. Below are some of its more relevant aspects.

This article aims to assist the readers to understand how foreign companies can invest in Taiwan, by establishing a subsidiary, a branch office, or a representative office.

Royal Decree 1007/2023, was published in the Official State Gazette, which approves the Regulation that establishes the requirements that computer or electronic systems and programs that must support the billing processes of businessmen and professionals, and the standardization of billing record formats, colloquially known as “Verifactu”.

The United Arab Emirates authorities have recently received significant recognition from the Financial Action Task Force (FATF) as they have been removed from the so-called “Grey List” for combating money laundering and terrorism financing.

The Ministry of Finance has recently approved three new information statements in relation to virtual currencies. These are models 172, 173 and 721.

The informative statements, forms 172 and 173, refer to the balances and operations carried out with virtual currencies (commonly called cryptocurrencies) by natural and legal persons.

The Federal Court’s judgment confirms that crypto assets can be captured under existing financial services laws. Operators in the crypto industry should take note and utilise this opportunity to review their existing (and planned) operations

In what has been a saga of losses in pursuit of gold, the latest Administrative Appeals Tribunal case of HNMF v Commissioner of Taxation has seen the Commissioner again face defeat, this time in respect of the anti-avoidance provisions in the GST Act.