Specialty Group: TAG Tax

On 8 July 2026, the Treasury released its much anticipated consultation paper “Minimum tax on discretionary trusts” on the implementation of the 30 per cent minimum tax on discretionary trusts (Consultation Paper), w ...

On 26 June, the Australian Taxation Office (ATO) issued the highly anticipated Decision Impact Statement (DIS) following the High Court’s landmark judgment in Commissioner of Taxation v Bendel [2026] HCA 18 (Bendel). T ...

New economic substance regime for passive income of foreign source derived by Panamanian entities that are constituent members of multinational enterprise groups. Enacted: May 28, 2026  |  Effective: Fiscal years com ...

The Mumbai Income Tax Appellate Tribunal has held that a salaried employee cannot be denied TDS credit just because her employer deducted the tax but never deposited it with the government. The employee had declared inc ...