2 December 2013
In this week's Tax highlights we feature:
- Carbon tax and minerals resource rent tax (MRRT) repeal bills scheduled for debate this week: The Bills to repeal the carbon tax and MRRT from 1 July 2014 are scheduled for debate in the Senate this week
- GST on low value imports: A joint government working-group has been formed to finalise proposals for lowering the $1,000 threshold by March 2014
- OECD request for input regarding work on tax challenges of digital economy: The Task Force on the Digital Economy has invited general comments on the appropriate approach to address the tax challenges of the digital economy, as well as specific input on questions related to business models employed in the digital economy.
Plus we provide our synopsis of the latest legislative developments, cases, announcements, and ATO information and releases.