Australia introduces draft legislation extending fringe benefit tax exemption for electric vehicles in the Senate

24 May, 2024

The “Treasury Laws Amendment (Extending the FBT Exemption for Plug-In Hybrid Electric Vehicles) Bill 2024” draft legislation has been introduced in the Senate in Australia.

If passed, this will extend fringe benefits tax exemption for plug-in hybrid electric vehicles until 1 April, 2030.

August 25, 2026

The Australian Taxation Office (ATO) has issued guidance on 24 August 2026, clarifying the GST obligations of religious

August 25, 2026

The Australian Taxation Office (ATO) has released Draft Taxation Ruling TR 2026/D1 (Income tax: receipt and disposal of

August 21, 2026

Ukraine’s Ministry of Finance announced on 20 August 2026 that the Cabinet of Ministers had approved a draft law

August 21, 2026

Australia passed legislation on 20 August 2026 that imposes financial penalties on tech companies that refuse to pay

August 21, 2026

The Australian Senate approved the Treasury Laws Amendment (Tax Reform No. 2) Bill 2026 on 19 August 2026, following

August 19, 2026

The Australian Taxation Office (ATO) has implemented significant updates to its Country-by-Country (CbC) reporting