A view on the 2025/26 Western Australia State Budget
June 19, 2025
The Western Australian (“WA”) Labor Government has handed down its ninth consecutive WA Budget (“Budget”) on 19 June 2025. The Budget was handed down by the Treasurer Hon Rita Saffioti MLA, a member of Western Australia’s elected Labor Government.
PER-10/PJ/2025, New Procedures for Tax Information Exchange
June 18, 2025
PER-10/PJ/2025 establishes a single legal instrument for all types of tax information exchange and related administrative cooperation instruments.
Senate Tax Reform Draft: Sweeping Changes, Obstacles Loom
June 18, 2025
Senator Crapo released the much-anticipated initial draft legislation of the One Big Beautiful Act reconciliation bill which marks a pivotal step in the ongoing legislative process as it adopts many of the tax priorities from the House-passed version.
German Tax Update – 12 June 2025
June 18, 2025
With summer holiday season just around the corner, the European Court of Justice (ECJ) has delivered a traveller-friendly ruling. In its judgment of June 12, 2025 (C125/24 – -Palmstråle), the ECJ clarified that individuals returning to the EU from non-EU countries – such as Norway – are not automatically liable for import VAT if they fail to complete certain customs formalities, provided they acted in good faith and the goods were originally exported from the EU and thus fulfilling all prerequisites for a duty free import as “returned goods”.