Updates to a company’s use of technology
Why there are changes and the nature of the changes The lockdowns and restrictions due to the emergence of the COVID-19 pandemic in early 2020 highlighted the rigidness of the Corporations Act 2001 (Cth) (Act) in relation to carrying on a company. In response t...
Beware land tax surcharge for foreign corporations and trustees of foreign trusts
From 30 June 2020, all foreign corporations and trustees of foreign trusts (foreign entity) that own land in Queensland and pay land tax, are liable for an additional 2% foreign land tax surcharge over and above the land tax rates. For example: On 30 June 2021...
