#TTPI #TaxFact A "fringe benefit" is a perk that an employer gives to an employee, in addition to salary or wages, but in-kind instead of in cash. Why are fringe benefits taxed?

In its early double taxation agreements, New Zealand gained some victories, particularly in relation to passive income. However, a source preference in DTAs became increasingly abnormal and unsustainable. By Andrew M C Smith and Jonathan Barrett.

#TTPI #WorkingPaper Tax and welfare policies must adjust to enable a more equal distribution of the cost of care and economic returns, so that we can live long and well in the next 100 years. Miranda Stewart on tax systems and population ageing.

In recent years, there has been an intensified global movement toward increased tax transparency for multinational enterprises. However, this change come with particular risks, write John Bevacqua and Amna Shah.

#News Grattan Institute Report: Renting in Retirement

#TTPI #WorkingPaper When are investment tax breaks effective? Nu Nu Win, Robert Breunig and Jonathan Hambur investigate the effectiveness of business investment tax breaks using Australian tax and survey data over a 15-year period.

#NewPost The design of mandatory public tax disclosure regimes is crucial to their success. John Bevacqua and Amna Shah argue that policymakers must strike a delicate balance between transparency and the risk of unfair shaming.

What stops Australian small and medium enterprises from business structuring? By Barbara Trad, John Minas, Brett Freudenberg and Craig Cameron.

The main residence exemption adds significantly to the complexity of the Australian CGT regime. If complexity is measured by reference to the length of legislative provisions, the exemption must rank highly. By Glenn Davies and Chris Evans.

#News TTPI Working Papers

Donald Trump isn’t happy about the way some countries are taxing American citizens and companies and has threatened to double taxes for their own citizens and companies. Can he really do that? By Miranda Stewart.

#TTPI #Seminar Deep Reinforcement Learning for Home Energy Optimization

The ATO has extended its guidance to cater not only for cryptocurrencies, but also for NFTs. The specific tax treatment to be applied, depends on not only the bespoke features of the NFTs, but also the particular taxpayer’s facts and circumstances.

Section 891 of the US Internal Revenue Code is short, but it is in sweeping terms. If the president finds its citizens or corporations are being subjected to “discriminatory or extraterritorial taxes”, he can retaliate by doubling US taxes on foreigners.

Australia and New Zealand did not conclude a double taxation agreement until 1960. New Zealand’s system of company taxation presented a major hurdle to conclusion of a treaty, argue Andrew Smith and Jonathan Barrett.

US President Donald Trump has ordered an investigation into discriminatory foreign tax practices that may harm US companies. This could put Australia’s proposed “news bargaining incentive” in the crosshairs. By Miranda Stewart.

When held on capital account, non-fungible tokens may be characterised as collectables or personal use assets. We must look to the taxpayer’s intention and use throughout the ownership period to weigh up the appropriate implications. By Elizabeth Morton.

As Australia’s population ages, the sustainability and fairness of the age pension system are increasingly important. Sizhe Chen and colleagues forecast demographic changes and assess how the pension age may need to adapt for long-term viability.

#NewPost US President Donald Trump isn’t happy about the way some countries are taxing American citizens and companies, threatening to double taxes for their own citizens and companies. Can Trump really do that? By Miranda Stewart.

Non-fungible tokens (NFTs) can represent anything from unique pieces of artwork to gaming artefacts. Elizabeth Morton delves into its treatments under Australian tax laws.

Countries with earlier women’s enfranchisement or stronger historical roles for women within families exhibit higher levels of redistribution through taxation. By Monica Bozzano, Paola Profeta, Riccardo Puglisi and Simona Scabrosetti.