Billionaires—including Jeff Bezos and Rihanna—billed for unpaid private jet taxes
Private planes tied to sports team owners, musicians and other celebrities have been taxed a combined $38 million by the Los Angeles county tax assessor.
Tax
New ‘payday super’ changes come into effect today. Here’s what you need to know
Employers will be required to pay superannuation monthly as of tomorrow rather than the existing quarterly scheme as the Government attempts to crack down on unpaid super.
Startups score CGT relief as Albanese Government introduces ‘innovation’ concession
On Thursday the Albanese Government amended its controversial capital gains tax proposal by allowing startups that qualify as ‘innovative businesses’ to retain the existing 50 per cent discount. Key Takeaways The Albanese Government on Thursday announced plans to offer capital gains tax concessions to the startup sector that will give certain founders, employees and investors […]
‘Talent will move elsewhere’: Why this Linktree co-founder is rethinking Australia
Alex Zaccaria, the founder of unicorn Linktree, is among the Australian founders aggrieved by proposed changes to the capital gains rate. He believes the Government is well intentioned, but that the result will be more and more Australian startups shifting their centre of gravity to the US.
What proposed billionaire tax could cost the world’s richest people
The Golden State’s billionaires might have to hand over anywhere from $50 million to $13 billion apiece, depending on their individual net worths.
Netflix offices in Europe reportedly raided by tax fraud investigators
The raids come two years after Netflix agreed to settle a $60 million tax dispute with Italy.
Turnbull, tax and turmoil
In a wide-ranging interview, former Prime Minister Malcolm Turnbull talks to Forbes Australia.