Articles on Australian Taxation Office

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Uber drivers have been classified as taxi drivers and will have to register for GST. Uber says they will challenge the decision. MAHATHIR MOHD YASIN / Shutterstock.com

GST and ride‑sharing: why the ATO believes Uber must pay

A recent decision by the tax office that ride sharing services must pay GST has infuriated Uber. But are they being singled out?
Microsoft Corporation’s Bill Sample, Google Australia’s Maile Carnegie and Corporate Vice President of Apple Australia Tony King appeared before Senate committee public hearings on corporate tax avoidance last week. AAP/Nikki Short

Explainer: the difference between tax avoidance and evasion

Tax avoidance or tax evasion? One is legal and one isn’t, but there are acres of grey area in-between.
Despite claims, there isn’t a systemic problem with tax evasion by Australian companies. Image sourced from www.shutterstock.com

Australia is not a country of rorters: our tax system is sound

The Henry Tax Review identified 125 taxes within Australia levied by all levels of government. Of those 125 taxes, just 10 taxes raised 90% of all tax revenue. The company tax is the second largest source…
Water is just as critical as land for farms like Cubbie Station. Cubbie/AAP

Land ownership just the start in foreign investment debate

Prime Minister Tony Abbott has announced long-promised changes to the rules for foreign land purchases and ownership in Australia. There are two key changes. First, the Foreign Investment Review Board…
Oxfam estimates that at least A$21 trillion is hidden in tax havens. www.shutterstock.com

Tax haven crackdown still to deliver missing billions

Tax avoidance, or the use of legal arrangements to reduce tax, is rife. According to the Australian Tax Office (ATO), Australian companies in 2012 sent almost A$60 billion to related parties in tax havens…
Your voice can now be your password – well, for the ATO anyway. Martin playing with pixels.../Flickr (cropped)

You’re the voice – the science behind speaker recognition tech

You may have read reports that the Australian Tax Office (ATO) has introduced voiceprint technology which aims to do away with cumbersome identity-verification processes on the telephone. When you phone…
The ATO considers Bitcoin property, but rulings in other countries leave room for debate. Pierre Sibileau/Flickr

Bitcoin ruling still doesn’t answer which country has the right to tax

It’s been about five years since bitcoin emerged online, claiming to be the world’s first digital cryptocurrency. Bitcoin functions as a form of digital cash; really, it is a technology, using cryptography…
Tax evasion campaigns are not new, but with them often comes an amnesty designed to maximise government revenue. HM Revenue & Customs/Flickr

Give the wealthy a tax amnesty, the budget needs it

The Australian Taxation Office continues its campaign to track down the offshore bank accounts of wealthy Australians, amid a global effort to improve tax transparency. One option the ATO has in its kit…
There are any many reasons why someone might choose to sell assets after moving into retirement, none of which involve tax avoidance. Image sourced from www.shutterstock.com

Is selling assets on retirement tax avoidance? Not so fast

Trustees of self-managed superannuation funds (SMSF) may have caught their breath this week when they read that the Australian Taxation Office had its eye on capital gains that were going tax-free once…
Joe Hockey has “deep reservations” about the current role of the tax office. AAP/Alan Porritt

Hockey signals watchdog on tax office

Shadow Treasurer Joe Hockey has launched a fierce attack on the Australian Taxation Office, accusing it of having had “an insular and inward looking culture” for too long and raising the spectre of possibly…
Starbucks promised to pay more tax after a consumer boycott: Australians would be appalled at how little tax some transnational companies here pay. AAP

Should Australians follow the British lead and boycott tax avoiders?

In the UK the recent boycott of Starbucks by consumers has helped elicit a pledge from the coffee giant to pay £20 million in taxes over the next two years. In Australia, consumers would be appalled to…

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