tax

Roger Montgomery

In the last few days Opposition Labor Leader Bill Shorten has proposed a radical transformation of dividend imputation. Putting aside his mistaken belief that his voters are “Aussie Battlers”- when in fact they are hard-working small business owners and contractors, many of whom receive franked dividends from their business endeavors... Show More

Clime Asset Management

The 2016-17 Budget will be released tomorrow and it is expected there will be an adjustment to the “thin capitalisation” rules that govern international companies operating in Australia. To understand the concept and the reasoning behind the Government’s concern with thin capitalisation, we read the explanation from the ATO's website.... Show More

Clime Asset Management

What does the Government’s Re:Think tax discussion paper mean for investors? The Government on Monday handed down its Re:Think tax discussion paper, which is expected to trigger significant debate in coming months. We think there are six key issues the paper indicates could be a focus of Treasury’s leanings in... Show More

Clime Asset Management

A debate has begun over whether Australian companies are paying out too much cash in dividends to shareholders, and not enough capital is being reinvested. We think this is an extremely serious issue and is closely linked to Australia's future economic performance and the performance of local equity markets in... Show More

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Clime Asset Management

Australia should tax speculation. The Federal Government is determined to slash expenditure and introduce a deficit levy, which could hit economic growth, yet ignores a tax on speculation. Why? The tax would also help address Australia's so-called budget crisis. A mere 0.2% duty on all ASX transactions would raise $2 billion... Show More

Livewire News

While there has been much talk of a four-year tax hike to help reduce the budget deficit this would be a serious mistake and is hopefully just pre-election kite flying. An increase in the top two marginal tax rates would seriously dent household spending and threaten the economic outlook, further... Show More

Livewire News

The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. The multinational companies have accumulated $1.95 trillion outside the U.S., up 11.8 percent from a year earlier, according to securities filings from... Show More