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.
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 […]
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.
The Golden State’s billionaires might have to hand over anywhere from $50 million to $13 billion apiece, depending on their individual net worths.
The raids come two years after Netflix agreed to settle a $60 million tax dispute with Italy.
In a wide-ranging interview, former Prime Minister Malcolm Turnbull talks to Forbes Australia.