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Oil and gas giants hit with $6 billion tax hike

Oil and gas giants hit with $6 billion tax hike

Government decision follows years of concern over Australia hemorrhaging lucrative revenue to multinationals.

  • by Eryk Bagshaw & Cole Latimer

Latest

Cash splash: BHP shareholders set for bonanza from $15b shale sale
BHP Billiton

Cash splash: BHP shareholders set for bonanza from $15b shale sale

BHP has already declared it will return the cash from the shale exit to shareholders. The question is how?

  • by Stephen Bartholomeusz
Labor to vote for $3.2 billion plan to bring forward tax cuts for small business

Labor to vote for $3.2 billion plan to bring forward tax cuts for small business

The decision is aimed at shoring up support among swing voters in the lead-up to the election and provide businesses with investment certainty.

  • by Eryk Bagshaw
Labor open to accelerating small business tax cuts
ALP

Labor open to accelerating small business tax cuts

Labor has left the door open to supporting the Morrison government’s accelerated company tax cuts as the Prime Minister moves to put them before Parliament next week.

  • by Eryk Bagshaw
'Totally shocked': Businesses blindsided by reappearing tax debts
Company tax

'Totally shocked': Businesses blindsided by reappearing tax debts

Sole traders and small businesses report thinking that their tax debts have been wiped off only to find that they have re-appeared many years later.

  • by Louis White
Scott Morrison brings forward $29.8 billion tax gain for small business
Federal budget

Scott Morrison brings forward $29.8 billion tax gain for small business

The Morrison government will bring forward a $29.8 billion tax cut for millions of small employers in a dramatic move to lift investment and wages.

  • by David Crowe
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Samsung family's unusual $5.6 billion tax strategy back in the spotlight
Samsung

Samsung family's unusual $5.6 billion tax strategy back in the spotlight

Ordinary families might stash spare cash under a mattress or in a safety deposit box, but not the family behind the Samsung empire.

  • by Yoojung Lee
Prison sentences on table for disobeying company director ID laws
Company tax

Prison sentences on table for disobeying company director ID laws

Company directors will be compelled to register for a lifetime ID number or face penalties including a year in prison under a Commonwealth plan to fight illegal phoenixing activity.

  • by Emma Koehn
Government moves closer to massive new digital tax
Amazon

Government moves closer to massive new digital tax

Internet titans AirBnB, Uber, Facebook and Google are set to be hit with new taxes as part of a long-awaited Australian-led crackdown on digital companies. 

  • by Eryk Bagshaw
Rolling the budget dice
Opinion
Company tax

Rolling the budget dice

Piecemeal policy-making is simply a straightjacket for more meaningful reform.

  • by Stephen Anthony
ATO boss pushes back on need for a new commissioner
Chris Jordan

ATO boss pushes back on need for a new commissioner

Chris Jordan is not convinced of the need for a new tax commissioner and says disputes are "just a little subset".

  • by Cara Waters & Nassim Khadem