November 2023 | VOLUME 14KSW Newsletter for our international accountants Understanding the GST Implications for Offshore Digital Product and Service Suppliers to Australia In recent years, the Australian Taxation Office (ATO) has redefined its Goods and Services Tax (GST) regulations concerning offshore supplies of digital products and services to Australian consumers. Read more to learn… Continue reading KSW International Insight Newsletter | November 2023
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Introduction In recent years, the Australian Taxation Office (ATO) has redefined its Goods and Services Tax (GST) regulations concerning offshore supplies of digital products and services to Australian consumers. We’ve summarised below the current rules and obligations that foreign businesses need to be aware of when making supplies of digital products and services to Australian… Continue reading Understanding the GST Implications for Offshore Digital Product and Service Suppliers to Australia
The Australian Taxation Office (ATO) has recently updated its Practical Compliance Guideline PCG 2018/9, offering foreign-incorporated companies and their advisors clearer and more definitive guidance on the central management and control test of residency. This update is significant for its introduction of a risk assessment framework and clarifications on ongoing compliance for public groups, refining… Continue reading Updated Guidance on Central Management and Control Test of Residency