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Friday, November 02, 2018

• Jim Killaly, The Chevron Australian Holdings Case and the reach of the arm's length principle




30 Oct 2018

The recent decision by the Full Federal Court in Chevron Australia Holdings Pty Ltd v Commissioner of Taxation [2017] FCAFC 62 is a watershed, not only in Australia but internationally. It provides important insights into how the arm’s length principle takes account of the economic,...



*Jim Killaly | APO


Mr Jim Killaly - Researchers - ANU





Paradise Papers: What we learned, and what can be done


NSW government announces reforms to stamp duty brackets The NSW government has announced that it will index stamp duty brackets to CPI resulting in stamp duty savings. NSW Treasurer, Dominic Perrottet, said that the reform was the "most significant in a generation with the current system having remained largely unchanged for over 30 years". The Treasurer noted that over the past 15 years (2002-2017), bracket creep has resulted in the average rate of stamp duty payable increasing from 3.37% to 4.05% as the median house price in Sydney rose from around $400,000 to $1m. The reform will affect transactions made on or after March State election - 1 July 2019. Source: NSW Treasurer's media release, 5 November 2018.