One step forward: Australian business will be better equipped to compete if a new bill becomes law

Article Abstract:

The New International Tax Arrangements Bill 2004 if passed, would reduce compliance costs and will make Australian firms with global presence better equipped for handling competition. The new bill will end the policy of taxing the profits and capital gains made by Australian companies with controlled foreign companies or overseas branches and the bill may be further developed to encourage foreign investors.

Australia, Legal issues & crime, Government regulation (cont), Government regulation, Management dynamics, Taxes, Legal/Government Regulation, Venture Analysis, Management, Evaluation, Business enterprises, Company business management, Bills, Legislative, Legislative bills

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Small companies caught in the cashflow trap

Article Abstract:

The impact of Australia's new goods and services tax on the cashflow of businesses with turnover of less than A$20 million a year is considered. Companies with large debtor lists will face particular problems.

Small business, Taxation of services, Service taxes

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