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Tax changes to boost competitiveness: KPMG

DRAFT legislation proposed by the Australian government in the New International Tax Arrangements (Participation Exemption and Other Measures) Bill today is the most important change to Australia's international tax laws in the last 15 years, according to business advisory firm KPMG.

Greg Tubby
Tax changes to boost competitiveness: KPMG

"Outside of the US, Australia's international tax regime has long been considered among the most complex in the world," KPMG partner Jason Chang said. "The changes announced in this bill significantly...

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