News Snapshot:
Danish high court rulings influence EU beneficial ownership cases Australia’s 2021 budget Australia’s 2021 budget, delivered on May 11 by Treasurer Josh Frydenberg, was designed to reduce tax compliance costs, boost investment in digital operations, build certainty in the tax system, and encourage business investment. The country is able to invest in improvements because its revenue collection is in a healthy position despite the COVID-19 pandemic. The most significant corporate tax measures for tax directors to note include: · A patent box regime at a 17% rate for medical and biotechnology patents; · An additional year of full asset write-offs...
