It would seem that 2023 is the year of international tax, with significant changes and developments in the global and Australian international taxation framework. The global approach to Pillar 2 continues to progress and we have started to see the detail which underpins these complex but pivotal rules. How organisations will respond to the challenges presented by Pillar 2, both in terms of compliance and implementation, is a front of mind topic for many organisations. In Australia, we have seen sweeping changes to the thin capitalisation rules and the introduction of an intangible integrity rule, both of which are significant reform measures impacting many. We also continue to see and experience the evolving challenges and practical considerations associated with cross border financing, the hybrid mismatch rules and the application of anti-avoidance rules in an international context.
This masterclass program was a must for anyone wanting to understand these most critical international tax issues and gain an in-depth technical understanding, as well as deep practical insights from the industry’s best. The program delivered a variety of perspectives to ensure attendees hear from the leading experts including views from international tax advisers, lawyers and the ATO.