• Latest news on tax law and policy — Details of proposed changes to tax and superannuation legislation and policy and how the ATO proposes to administer the changes.

• Personal Income Tax Plan — The Personal Income Tax Plan was announced in the 2018/19 budget with changes to apply from the 2018/19, 2022/23 and 2024/25 income years.

• Draft PCG 2018/D4 for consultation — The ATO is seeking feedback from the public on draft Practical Compliance Guideline (PCG) 2018/D4: Part IVA of the Income Tax Assessment Act 1936 and Restructures of Hybrid Mismatch Arrangements. Consultation is open until 20 July 2018.

• Implementation of the OECD hybrid mismatch rules — The implementation of the OECD hybrid mismatch rules is intended to deter the use of hybrid mismatch arrangements by which multinationals have minimised tax paid in Australia and overseas. Hybrid mismatch arrangements have an overall negative impact on competition, efficiency, transparency and fairness.

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