Australia: Tax

The Australian Government has released draft legislation proposing significant and retrospective changes to foreign resident capital gains tax rules, dramatically expanding what constitutes taxable Australian real property. These changes will apply to past transactions dating back to 2006, existing investments, and future deals, with only limited transitional relief for renewable energy assets until 2030.

31 March 2026 signifies a key date for employers as the end of the 2026 Fringe Benefits Tax (FBT) year. FBT is an employer-paid tax which arises when the employer provides their employee with benefits...

There are significant tax developments underway that have the potential to materially impact private equity debt and investment structures in Australia. Private equity investors can expect the Australian Taxation Office...