Liz Cullinan

Liz Cullinan


All Sessions by Liz Cullinan

2:00 pm - 3:00 pm

Session 23.4: Residency and Permanent Establishments

International Stream

The Government has proposed changes to the corporate tax residency test in light of recommendations by the Board of Taxation intended to address uncertainty for foreign investors.  In the 2021 Budget the Government announced that it will consult on extending these amendments to trusts and corporate limited partnerships which are subject to their own separate but similar residency tests.  The speakers will consider the Board’s recommendations and the aim to achieve consistency across the tests. In addition, the speakers will consider some of the permanent establishment issues arising for multinationals from the COVID pandemic and the ATO approach.