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The Property Council of Australia has suggested a number of amendments to the Treasury Laws Amendment Bill 2023, claiming that 20,000 new homes will be in jeopardy if the government passes the changes to the Thin Capitalisation legislation currently before the Senate.
PwC has handed over the names of 63 partners and staff who received an email with leaked confidential information on the government’s multinational tax policy.
Treasury’s proposed changes will have wide and unintended consequences on small businesses and their shareholders, and even risk slashing company tax revenue, damaging the federal budget.