Specialty Group: TAG Tax

Treasurer Jim Chalmers handed down his fifth budget last night, with the sound bites framed around tax reform, productivity and savings initiatives. Whilst the changes in some areas are significant, the reforms still fal ...

Accountants are cool. So cool that the Government intends to legislate to prevent people impersonating us! In all seriousness, the Government is continuing strengthening sanctions under the Tax Agent Services Act, not j ...

Generally, the State of Illinois may tax the worldwide income of a person who is domiciled, that is, a resident of Illinois. Recently, the Illinois Department of Revenue (“IDOR”) adopted administrative rules providin ...

Australia’s first GloBE tax returns due 30 June 2026. The Australian Parliament passed laws in December 2024 to enact Australia’s version of the OECD’s Pillar 2 Global anti-Base Erosion model rules (GloBE rules). ...