Wise Accounting Podcast (wap)

This episode is a bit of a 'mini-sode' due to the current tax news being significant in nature, specifically the release of the (503 page) Banking Commission Report; of which the Government has agreed to action all 76 recommendations.   Adding to this is the finalisation of the ATO guideline on tax residency of foreign companies. While this may seem extremely niche driven, due to the opening of Australia to some larger companies and simplification due to the "Amazon" tax, the implications will be wider than previously.   Ultimately this episode is a preceding episode to what will be a detailed review of the guideline released and the Banking Commission report.   As always, if you have any queries, please do not hesitate to reach out to the team podcast@wiseaccounting.com.au and we'll gladly reply to your queries or suggestions.