Re-election kills reform

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The Government has written an election manifesto dressed up as a budget as it looks ahead to the double dissolution on 2 July. “A year ago there was a lot of optimism that this budget might begin the process of genuine tax reform, but political expediency has reduced it to more tinkering at the edges,” BDO Tax Partner […]

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Proposed tax losses legislation a step in the right direction, but issues remain

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  BDO Tax Partner Mark Molesworth has cautiously welcomed draft legislation aimed at addressing issues with some companies carrying forward and claiming income tax losses. This is an issue particularly faced by early stage companies (especially those focussed on innovative products and services) that frequently experience significant changes in shareholders in the early years of […]

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BDO’s Mark Molesworth sought after for another term on Board of Taxation Advisory Panel

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BDO in Australia has announced the reappointment of Tax partner Mark Molesworth to the Board of Taxation’s Advisory Panel until the end of 2016. The Advisory Panel draws together some of Australia’s leading taxation professionals who voluntarily contribute their knowledge and expertise. Its purpose is to assist the Board of Taxation in the general performance of its Charter […]

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