Global law hub / Asia-Pacific
AUAustralia
Australia taxes companies at 30%, or 25% for smaller base-rate entities, and applies a 10% GST. The ATO publishes binding public rulings, and recent High Court decisions on royalties and trusts are reshaping practice.
Recent judgments and rule changes
Key laws
- Income Tax Assessment Acts 1936 & 1997Income tax, including Division 7A on private company loans.
- A New Tax System (GST) Act 1999Goods and services tax.
- Corporations Act 2001Companies and financial services, administered by ASIC.
- Diverted profits taxAnti-avoidance rules for large multinationals.
Official sources
Working with India
Doing business between India and Australia? We advise on the Indian side — treaty relief, withholding, FEMA and transfer pricing documentation. Talk to us.