The purpose of the Changes to International Dealings Schedule (IDS) focus group is to work through the impacts of the following Budget measures as we develop a solution in preparation for Tax Time 2024:
- International Tax – removing the preferential tax treatment for Offshore Banking Units (CA2024-001)
- Multinationals Tax Integrity Package – amending Australia's interest (thin capitalisation) rules (CA2024-006)
- Multinationals Tax Integrity Package – denying deductions for payments relating to intangibles held in low or no-tax jurisdictions (CA2024-011), as well as
- Updates to (double-tax agreement) country codes.
This focus group will be an opportunity for members to provide valuable feedback and insights into expected changes to the IDS.
Members
For a list of current members, see Changes to International Dealings Schedule (IDS) focus group members.
Consultation
2024
2023
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