22

Feb 2018

Offshoring - are you caught by the royalty withholding rules?

Offshoring – are you caught by the royalty withholding rules?

By: Odyssey Legislation
Tags: ATO, Offshoring, royalty withholding rules, Seat Leasing

Australian businesses looking to pay for outsource or offshore services need to be aware of the royalty withholding rules under Australia’s tax laws. For clients that are offshoring and paying a “seat lease” fee which includes rental of office equipment and software, then a payment for some of these items might arguably fall within the ambit of Royalty. As noted …

15

Feb 2018

The 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing

The 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing

By: Odyssey Outsourcing
Tags: ad hoc, benefits, Outsourcing, per seat

In this blog we look at 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing. Warning: These are the secrets the “per seat” leasing people would rather you didn’t know… You cut down your overheads by only paying for Actual work done This is the most important factor. You don’t have to pay for all the overheads …

08

Feb 2018

Australia’s Controlled Foreign Companies rules tightened: Bywater Investments revisited

Australia’s Controlled Foreign Companies rules tightened: Bywater Investments revisited

By: Odyssey Legislation
Tags: controlled foreign companies, controlled foreign trusts, tax rules

There have been several interesting events in the offshore world recently. As the Panama papers and then the Paradise papers unfolded, it seems pretty obvious that hiding in low or no tax jurisdictions is becoming less cool. It’s relatively easy these days to wake up to find massive amounts of data hacked from secure systems, and not all companies responsibly …