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Tax highlights

14 February 2012


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Deloitte Tax highlights, 7 February 2012In this week’s Tax highlights:

  • Appeals update: The High Court has refused the Commissioner’s application for special leave to appeal to the High Court against the Full Federal Court’s decision in RCI Pty Ltd v Commissioner of Taxation, while the Commissioner’s application for special leave to appeal to the High Court against the Full Federal Court’s decision in Qantas Airways Limited v Commissioner of Taxation has been granted

  • Minerals Resource Rent Tax (MRRT) and Petroleum Resource Rent Tax (PRRT): The MRRT and PRRT Bills have been introduced into the Senate

  • France’s proposed financial transaction tax:  The French Government proposes to introduce a 0.1% financial transaction tax from August 2012 on certain transactions including the acquisition of French listed shares.

Plus we provide our synopsis of the latest legislative developments, tax-related announcements, ATO information and releases, and international tax developments.

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