maintenance
Journals
Books
TaxWise® News
Become a member
Renew your membership
Upgrade or transition your membership
Member portal
Community
Resources
Discover our vast resources, designed to help you support your members and grow your business.
Insights
Explore key insights on policy areas, get latest news and thought leadership or get in touch with our media team.
Events
A broad range of events and opportunities across Australia in a variety of formats to suit today’s busy tax professional.
Education
Whether you're looking to upskill, stay on top of emerging tax issues or keep up with your CPD our structured education puts you in the right place.
Membership
Join a collective voice of over 15,000 practitioners at the heart of the tax profession in Australia.
About us
The Tax Institute is Australia's leading professional association and educator in tax, providing the best resources, professional development and networks.
Events
Education
News & media
Explore by Topic
<div class="ais-Hits ais-Hits--empty">
<div class="alg__noSearchResult">
<div class="alg__noSearchResult_left">
<h5>Search Terms</h5>
<p class="noResult-note">No results for term "${term}"</p>
<p>Here's some search tips for better results:</p>
<ul>
<li>Check the spelling of your keyword.</li>
<li>Try alternate words or selections.</li>
<li>Try a more generic keyword.</li>
<li>Try entering fewer keywords.</li>
</ul>
</div>
<div class="alg__noSearchResult_right">
<ul>
<li>
<a href="#"> <span class="alg_noSearchResult_wrap"> <span class="alg_noSearchResult_container">
<p>Need more help?</p> <p>Get in touch with us</p> </span> <span
class="alg_noSearchResult_arrow"> <span
class="alg_noSearchResult_arrow_img"></span> </span> </span> </a></li>
<li>
<a href="#"> <span class="alg_noSearchResult_wrap"> <span class="alg_noSearchResult_container">
<p>Prefer the phone?</p> <p>Contact our friendly team on 1300 829 338</p> </span> <span
class="alg_noSearchResult_arrow"> <span
class="alg_noSearchResult_arrow_img"></span> </span> </span> </a></li>
</ul>
</div>
</div>
</div>
Expanding Australia’s Tax Treaty Program
The Tax Institute welcomes the opportunity to make a submission to Treasury in relation to the consultation on Expanding Australia’s Tax Treaty Network which opened on 16 September 2021 (Consultation) in light of the announcement by the Treasurer, the Hon Josh Frydenberg, on 15 September 2021.
In the development of this submission, we have consulted with our National Large Business and International (LB&I) Technical Committee to prepare a considered response which represents the views of the broader membership of The Tax Institute.
We appreciate your time in meeting with our LB&I Committee earlier this month and trust that our comments will assist Treasury in the proposed negotiations and in contemplation of Australia’s tax treaty network more broadly.
Tax treaties play an important role in facilitating trade and commerce, and ensuring entities in party jurisdictions are, among other things, not subject to double taxation. From a tax law and policy perspective, The Tax Institute is of the view that the treaties that are currently being negotiated should strive to promote investment and reduce potential distortions or barriers for individuals and businesses in Australia and our treaty counterparties. To the extent there are integrity concerns, they should be appropriately balanced with the potential economic benefits.
Submission prepared by:
The Tax Institute
Submitted to:
Ronita Ram
Director, Tax Treaties Branch
Corporate and International Tax Division, Revenue Group
Treasury
For more information, contact:
Julie Abdalla, FTI
Tax Counsel, The Tax Institute
(02) 8223 0058
Share this submission
Tagged
- 2021
- Business taxation
- Large business