Doing business in, or investing in, Australia may require an understanding of the goods and services tax regime (sometimes referred to as consumption tax, value added tax or goods and services tax). Here is a brief guide on GST in Australia for foreign businesses that may be about to do business, or invest, in Australia.
Read the full article by Ajay Ravi, McInnes Wilson Lawyers
Effective on January 1, 2024, the U.S. Corporate Transparency Act (CTA) will require “reporting companies” to disclose to the U.S. government’s Financial Crimes Enforcement Network (FinCEN) details of their “beneficial owners”.
With the CTA, Congress has passed one of the most significant and sweeping laws affecting LLCs and companies doing business in the United States – covering both domestic and foreign entities – in the most aggressive effort to date against illicit terrorist financing, fraud and money laundering.
This client alert discusses the CTA’s reach and exceptions and disclosure obligations, which are retroactive and go well beyond any disclosure previously expected.
The Portuguese Victim Support Association, APAV, received a donation of €8,000 from the Globalaw Foundation at the Globalaw Annual Meeting on October 27th, 2023. The Globalaw foundation gives back to communities and organizations in need, with a focus on legal education and access to justice.
Globalaw, an international network of independent law firms, that provides its members with a global platform to serve their clients’ legal needs, is pleased to congratulate Peter J. Brown as its new President following Globalaw’s Annual Members Meeting in Lisbon, Portugal on the 27th October 2023.
Read the full press release here.
Are you a New Zealand citizen (or member of a related entity) that has purchased residential-related property or land in New South Wales (NSW)? Are you a New Zealand citizen that is considering becoming an Australian citizen?
If so, there are certain new/revised measures and interpretations of the law and associated guidance which may have a significant impact on your Australian taxation position.
