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Thought Leadership

2024 Autumn Budget Predictions - Victoria Price

October 10, 2024
In this video, UK Head of Private Capital Victoria Price discusses what we might see in the Chancellor’s budget on 30th October and highlights the potential tax implications of these changes.
Thought Leadership

Updates to Australian Local File Reporting: Information for Tax Professionals

October 10, 2024
The Australian Taxation Office (ATO) is in the process of finalising substantial modifications to the Australian local file (ALF), particularly the short form local file (SFLF), for reporting periods beginning on or after 1 Jan. 2024. These changes, set to impact country-by-country (CbC) reporting entities, represent a significant shift in reporting requirements and compliance obligations. This article outlines the key aspects of these proposed changes and their implications for tax professionals and their clients.
Thought Leadership

MIDDLE EAST TAX ALERT | UAE | VAT REGULATION UPDATES

October 4, 2024
As part of its ongoing efforts to clarify and improve the VAT framework, the United Arab Emirates (UAE) Cabinet issued Decision No. 100 of 2024 dated 6 September 2024 amending the provisions of UAE VAT Executive Regulations.
Thought Leadership

Senior Advisor Kenneth Brewer Featured in Tax Notes

October 3, 2024
A&M Tax Senior Advisor Kenneth Brewer was recently featured in Tax Notes' article "Proposed DPL Rules May Have IRS Authority Hiccups," highlighting that the DPL rules are complicated and may push companies to restructure operations to avoid tax penalties.
Thought Leadership

Thin capitalisation and recent changes for the financial services sector: What to consider next

October 3, 2024
Recent amendments to Australia’s thin capitalisation rules in Division 820 of the Income Tax Assessment Act 1997 (Cth) (ITAA 1997) to implement new earnings-based tests for general class investors have resulted in complexity within the financial services sector, despite the existing thin capitalisation tests for ADIs and financial entities being largely retained.