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Company tax

This Month

Former Treasury boss Ken Henry (right) has given Treasurer Jim Chalmers more to chew than ‘bite-sized’ reform

Henry tells Chalmers to stop ‘fiddling’ and launch into tax reform

The Albanese government could raise a $50 billion tax on fossil fuel exports and up the GST to lower company and income taxes, the former Treasury head argues.

Treasury Secretary Scott Bessent needs to summon up all the investors he can find.

Whose idea is Trump’s big, absurd ‘revenge’ tax?

Section 899 gives the White House new power to levy up to 20 per cent on foreigners with American investments, which could mean punishing US bondholders.

May

The Miami skyline. Florida has become a magnet for capital and people because of economic performance.

A complacent Wonder Down Under is heading for a productivity fail

Crazy levels of government spending, and Victoria’s status as one of the most indebted states in the world, helps explain Australia’s miserable performance.

Donald Trump has long been sceptical of international tax treaties.

Ford enlists Trump tax officials in billion dollar ATO brawl

The Trump administration has taken an aggressive stance against global taxation deals, and the ATO is embroiled in similar fights with ExxonMobil and PepsiCo.

US President Donald Trump’s “big, beautiful” bill aims to ram through much of his economic agenda in one go.

Trump tax hike threatens to raid Australians’ superannuation savings

Republicans are pushing for investors from countries deemed to discriminate against American businesses to pay more as part of the White House’s budget bill.

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Peter Angelico has called on the Allan government to ease red tape.

It’s not just taxes hurting Victorian businesses, it’s red tape

Peter Angelico says excessive, “box-ticking” regulation is putting a handbrake on his business.

Tax breaks for business investment on agenda: Wood

The Productivity Commission will look for tax reforms that will stimulate investment without draining the budget.

The modern general practice is facing strong headwinds.

Tax rebate for bulk-billing GPs hasn’t averted payroll tax fight

The NSW government says $4 million of payroll tax has been handed back to bulk-billing GPs, but doctors’ groups have warned the incentive is failing to drive up bulk billing.

March

Small business say they are being slugged extra payroll tax in NSW.

Interest rates, doctors’ bills to rise to pay backdated payroll tax

Industry groups warn of “contagion” from Revenue NSW’s aggressive interpretation of payroll tax law.

Uber argues it introduces drivers and riders, rather than transporting passengers.

Ruling on $81m tax affects all gig economy, Uber says

If the ride-share company’s payments to drivers are “in relation to” work, then gig economy companies could be liable for hundreds of millions in payroll tax Australia-wide

February

Jim Chalmers, Steven Kennedy and Angus Taylor.

Treasury boss rejects ‘politicisation’ attack by Coalition

In a fiery estimates hearing, Steven Kennedy rejected claims his department has been politicised by Jim Chalmers and filled with former Labor advisers.

Mortgage broker Erin Williams

Erin Williams works alone, but she’s being stung by payroll tax

The solo broker is among thousands soon to be slugged, as a tax on employment becomes a tax on some small businesses.

Colin Walker’s business was audited and found not to owe a cent. The NSW Revenue came after him for $1 million in payroll tax for contractors going back four years.

An audit found Colin didn’t owe a cent. Then he was charged $1m in tax

Businessman Colin Walker says he is among a rising number of companies being aggressively pursued for payroll tax by the NSW government, which may be setting an example for other states.

Jamieson Greer is expected to be the Trump administration’s Trade Representative.

Labor says tech levy doesn’t target US firms as Trump trade tsar hits out

The US trade tsar says Donald Trump is ready to fight countries imposing taxes on US tech companies, as the Labor government pushes ahead with a digital tech levy.

Australia’s media industry says big tech should pay for others’ news content it distributes.

Chalmers urged to take over tax on big tech amid Trump’s threats

Media companies say the matter of forcing tech platforms to either pay for news content or face new taxes is too important to leave to a junior minister.

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Teal MP wants $20k tax-free threshold for small business

Sophie Scamps said she would also push for an extension of the $20,000 instant asset write-off for small businesses, which expires on June 30.

January

President Donald Trump signs an executive order relating to cryptocurrency in the Oval Office of the White House, Thursday, Jan. 23, 2025, in Washington. (AP Photo/Ben Curtis)

War room, webinars: Corporate America tries to cope with Trump blitz

Businesses have been left trying to nail down what the tax, immigration, DEI and energy orders will mean for them.

The Greens will push Labor to introduce an excessive profits tax, a wealth tax, higher taxes on people with more than $2 million in super in a hung parliament.

Greens to push Labor on wealth, super and big business tax hike

The minor party could play a pivotal role after the next federal election and plans to go after “excessive profits”.

Kerry Stokes.

Transparency lacking in WA media and politics

Readers’ letters on conflicts of interest between Seven West Media and Perth Lord Mayor Basil Zempilas, the Howard government bugging East Timor, the alienation of young men and ADHD treatments.

December 2024

Gold miner St Barbara has rejected the $210m claim for back taxes by PNG authorities.

Gold miner St Barbara hit with $210m PNG tax demand

The company’s ASX-listed shares fell 36 per cent after subsidiary Simberi Gold was handed a taxation bill that could endanger its viability.

Original URL: https://www.afr.com/topic/company-tax-5vy