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The article looks at business taxation in Australia, as analyzed from the results of PricewaterhouseCoopers' Total Tax Contribution Survey and a "BRW" Reader Pulse Survey. The surveys found that companies pay various kinds of levies, duties and excises and that nearly three-fourths of businesses would rather pay fewer taxes than enjoy a reduction in the company tax rate.

The article gives advice to small business owners in Australian on how they can minimize their business tax costs. The author recommends deferring the sale of business to save on capital gains tax. The author explains how contributing part of the sales from the business to superannuation can help business owners save some money.

Reports on the reaction of the business community on the proposed tax reforms aimed at aligning business tax with accounting standards in Australia. Net income as proposed basis for business income tax; Requirement of businesses to create a new approach in the calculation of asset value; Potential impact on tax receipts.

Discusses the problems of Australia's tax systems to business. Complaints on changes, cost of compliance, and fringe benefits tax; Proposals of business owners and accountant for tax reforms.

The article features tax lawyer Teresa Dyson who has become a partner at accounting firm Deloitte's office in Brisbane, Queensland. It features Dyson's career and achievements. Comments by Dyson about the lack of women in the tax profession are presented. The role of Dyson in the accounting firm includes mentoring the company's younger team members. The participation of Dyson in the Business Tax Working Group (BTWG) of the Australian government is highlighted.

The article presents quotes from Sam Walsh of Rio Tinto describing the proposed resources super profits tax, Andrew Forrest of Fortescue Metals Group about the possible legislation of the resources super profits tax in Australia, and retiring Virgin Blue chief executive officer (CEO) Brett Godfrey regarding his planned activities in his semi-retirement.

The article reports on the complaints aired by the New South Wales businesses over the taxes they were paying stressing that they are too high as compared to the other states. They are shouting foul concerning this matter adding that their payment is a burden along with the poor performance of the country's economy. Furthermore, so much blame were thrown into Bob Carr, a former premier who had just resigned on the post.

Discusses the adverse impact of the combination of the business tax system and the economic downturn on the Australian government. Factors that could possibly aggravate the existing problem; Effect of changes in the timing of payments on the cashflow cycle; Implications of the taxation ruling for cashflow problems. INSETS: THE FLOW SLOWS.;BEAT THE CRUNCH..

Discusses the financial risks facing business enterprises in Australia if they fail to adjust to the tax reform laws set to take effect in 2000, specifically the introductions of the goods and services tax (GST). Summary of the reforms; Impact on the tax accounting systems; Outline of the capital gains tax reform; Impact of the new system on corporate mergers; Effects on the economy.

Focuses on the impact of the business tax reform on the business community in Australia. Transition to the goods and services tax; Clear winners from business tax reform; Changes to taxation of trusts.

Presents information on how businesses in Australia are lobbying the government on tax reform. Example of the efforts of the Road Transport Forum (RTF); How the political climate surrounding the goods and services tax (GST) necessitates compromise; Tax reform seen as the most complex lobbying task; Submissions from business being made to four Senate inquiries and the Ralph committee; Comments from Andrew Parker of Parker and Partners. INSET: Who Counts.

The article discusses the need for business owners in Australia to prepare for their tax obligations as the 2010 financial year is about to end and new tax laws have been introduced. According to KNP Solutions' Dianna Dimitrov, business owners should review their depreciation schedules before the financial year ends. Brisbane, Queensland-based Specialised Business Solutions' Timothy Munro said that companies should focus on the changes introduced by the Australian Tax Office.

The article reports on the criticisms made by several government officials in Australia concerning the opinion of billionaire businessperson Clive Palmer on the proposed resource super profits tax (RSPT). Among the critics include Prime Minister Kevin Rudd, treasurer Wayne Swan and small business minister Craig Emerson. In one of his statements concerning the RSPT, Plamer states that he would be delaying several of his major mining projects in the country due to the tax.

This section offers news briefs concerning investments and the economy. The proposed resources super profits tax of the Australian government discouraged mining industry investors. The study of economic forecasts conducted by McKinsey & Company reveals that economic analysts are prone to making erroneous economic growth outlook. A report from Deutsche Bank concludes that pallet inventory levels may possibly grow if business confidence in the U.S. will continuously increase.

The article discusses the possible impact of the proposed resources super profits tax of the Australian government on the mining industry. Resources analyst Glyn Lawcock forecasts the reduced earnings before interest that the tax will cause to mining firms BHP Billiton and Rio Tinto. The said tax could also put the viability of the Olympic Dam copper and uranium mine expansion in South Australia at risk.

The article explores the online tax reporting in accounting in Australia. It says that the federal government's 243 million web reporting system will be launched in May 2010 aiming to make filing different government forms easier for businesses and their accountants and reduce red tape. It adds that the government claims that the system can cut compliance costs by 800 million a year for companies taking advantage of the system. The new system will also create new competition between accountants.

Reports on the impact of the adverse tax assessment of the Australian Taxation Office on small businesses in the country. Struggle of micro-business owners to meet the demand of the government; Crackdown on business tax compliance; Release of the CPA Australia report on the financial records of small business.

Focuses on the withdrawal of the New Business Tax System Bill by the Australian government in March 2001. Impact of the bill on the financial reporting of some larger companies; Reason for the withdrawal; Recommendations included in the tax bill. INSET: The beat goes on.

Discusses the plan of Australia's Labor Party to rollback the goods and services tax (GST) on certain items. Removal of the GST from wholesale medicines; Reaction of business and accounting bodies; Option for calculating the GST; Implications for businesses.

Focuses on the struggles of accountants on tax changes in Australia. Effects of the existing tax system on business taxation; Problems in the implementation of reforms for accountants; Development of programs to help accountants deal with the compliance workload.

Reports the recommendations of tax expert Michael Dirkis for the removal of business tax impediments in Australia. Impact of tax reform measures on businesses; Reduction of compliance with tax laws; Increase cashflow for small and medium-size businesses.

Focuses on the good and services tax (GST) system in Australia. Impact of the GST system on small- and medium-size businesses; Effects of software problems on the tax-planning programs of businesses; Delay in the tax office rulings; Types of taxes paid by businesses; Implementation of the business activity statement (BAS); Context of BAS. INSET: A DIFFICULT BIRTH..

Presents a guide to help businesses prepare for the goods and services tax (GST) in Australia. Includes apply for an Australian Business Number and GST registration; Make changes in the operating procedures to suit the requirements of the tax; Inclusion of the GST in the price of goods and services; Inclusion of tax invoices, price catalogs in stationery. INSETS: By now, businesses should have:.;Apply now for ABN by Kath Walters..

Urges Australians to distinguish between laws and draft legislation or press release when restructuring their tax affairs. Advice from the country's tax accountants; Clarification of capital gains tax treatment of assets acquired by trusts; Government's approach to recommendations regarding business taxation.

Focuses on the proposed changes in Australia's business tax law. Approach to fundamental change in tax law; Components of the tax-value balance sheet proposed; Issues on the determination of tax value of assets.

Offers tips for companies on how to deal with the changes in Australia's business taxation system as of September 24, 1999. Includes planning for goods and services tax (GST); Determining responsible parties for GST planning and implementation. INSET: Be prepared..

Offers tips for Australia-based companies, executives and investors on how to deal with the changes in the country's business tax system as of September 24, 1999. Share investors; Executives' need to check employee share plans; Superannuation.

Focuses on the revision of Australia's business tax system proposed by Review of Business Taxation committee as of September 24, 1999. Details of the proposed revisions; Impact on the debate over goods and services tax.

Focuses on the business tax reform program of the Australian government. Need for the government to negotiate carefully to achieve tax reform without eroding its original purpose; Senate's power to disrupt the agenda of the government; Concerns raised about the retention of large-scale accelerated depreciation. INSET: Balancing the tax ledger..

Presents news briefs related to business enterprises in Australia, as of August 6, 1999. Includes Telstra Corp. Ltd.'s master plan as seen from the activities of companies associated with the telecommunication firm; Ways of seeking data about customers; Tax proposals affecting businesses.

Discusses several business topics for Australia as of July 30, 1999. Business tax reform; The political issues surrounding a possible second airport in Sydney, New South Wales; Negotiations between Rio Tinto and Broken Hill Proprietary over a possible merger of their iron ore operations; The state of iron ore mining in Western Australia; Investment strategies for the Telstra Corp. float.

Reports on the expected release of a report on business taxation in Australia by the government's Ralph Committee. Why Prime Minister John Howard is favoring a cut in the rate of capital gains tax; The difficulty that a tax reform package will have getting through the Senate; What the Ralph reforms are likely to include.

Presents information on the efforts towards business tax reform in Australia as of May 1999. Senator Brian Harradine's decision to vote against the goods and services tax (GST); How the GST and business tax reform have been linked; Political and economic implications of the lack of business tax changes; The Labor Party and the Democratic Party more open-minded on business taxation than they have been on GST: Changes to tax reform and the changes to the fiscal parameters in subsequent years.

Presents information on the challenges that face Australian businesses in connection with the implementation of the goods and services tax (GST) in July of 2000. Comments from analysts; How some organizations have not developed the timing for GST-ready projects; Difficulty of making systems compliant; How the GST is more complex than the year 2000 problem; Concern over a lack of information technology staff to make the system changes.

Reports on how the recommendations of the Ralph report on business tax will impact the property investment market in Australia. Ralph report retreating from the position of taxing all trusts as companies; Discussion of `collective investment vehicles' and the different tax treatment they will receive; Comments from industry analysts; Impact on superannuation fund investors.

Presents information on the `Business Review Weekly' poll of chief executive officers (CEO) in Australia on a variety of political topics. How the CEOs support the efforts of Treasurer Peter Costello to lower the corporate tax rate; View that Australia needs a whole new tax system; Chart offering statistics on CEO responses; Their views on the government's employment policy. INSETS: Biggest Ain't Necessarily Best;Republican Push.

Criticizes the recommendations of the Chairman of the Australian Federal Government's Business Tax Review John Ralph for its lack of understanding of fringe benefits tax (FBT) administration. Arguments from the Ralph committee on the complexity and inequity of the existing FBT regime; Main thrust of the review; Regulations and taxation on company cars and pooled superannuation trusts.

Presents information on the release of the report from the Australian committee on business taxation review, headed by John Ralph. How the paper has given the government the dual job of managing the complaints of both its adversaries and its allies; The paper choosing not to consider the impact of the goods and services tax (GST) yet to be implemented; Obstacles ahead in tax reform; Comments from Ralph.

Presents information on the Ralph Committee discussion paper on business taxation in Australia entitled `A Platform for Consultation.' How the report lists options for tax reforms but states no preferences; Comments from tax consultant Geoff Peterson on the report; The government's restrictive terms of reference for the review; Lack of solution for capital gains tax (CGT); Overview of the main points.

Presents information on the support of business for tax reform in Australia. How business leaders do not want to forgo income tax cuts for a lower corporate tax rate; Their drive for lower corporate taxes and the conflict it represents; Federal government's desire to cut company taxes; Alliance of various business groups to lobby for reform; Support for Prime Minister John Howard's efforts to push legislation through the senate. INSETS: A state of mind;The born-again PM.

Presents information on the Australian senate debate over tax reform set for 1999 and profiles Senator Andrew Murray of Western Australia, the man considered to hold the balance of power on the select committee reviewing the tax legislation. Description of the review process and the committees charged with the work; Murray's background and former career; How business needs to take him seriously; The tax system and a country's competitiveness.

Provides information on strategies that businesses are recommended to develop for dealing with the proposed goods and services tax (GST) legislation. Impact of GST on the management of cashflow; Possible GST implication of contracts that extend beyond July 2000; Advantages of delaying the payment of non-refundable sales tax on capital equipment purchases.

Informs that the Australian government is requesting that 200 of Australia's biggest companies provide them with information which might help to explain the $1.6 billion shortfall in projected business tax revenue. Surveys sent out in February 1997; Questions on the survey; Possible explanations for why the government grossly overestimated corporate tax revenues; Comments from governmental officials. INSETS: What the survey asks.;How the black hole was dug..

The article reports on a transfer pricing laws introduced by the Australian government. It states that transfer pricing lets companies shift money between certain tax jurisdictions to avoid paying tax twice on the same amount. According to Assistant Treasurer David Bradbury, the aim of the new laws is to ensure that international companies cannot avoid paying their fair share of tax by shifting their profits offshore.

The article offers information on the Entrepreneurs Tax Offset initiative in Australia that allows businesses to receive tax grants.

The article offers tips on how small and medium enterprises can be more organized in keeping their accounts to avoid feeling the pressure when filing taxes every June 30, the end of the financial year. It suggests ways of increasing tax deductibles which include writing off bad debtors in June, keeping electronic copies of records and throwing away paper documents and thinking about taxes throughout the year instead of waiting till taxation time.

The article contends that the 2012 federal was a huge disappointment for Australian business. Business was reportedly distressed that, in difficult times, it has gotten no support in favor of vote-winning strategies and wealth redistribution. Innes Wilcox, chief executive of Australian Industry Group, says business does not believe it is understood by either side of politics, claiming that the country's business tax system is uncompetitive.

The article reports on the failure of the Australian government to commit to serious tax reform. It mentions the establishment of the Business Tax Working Group headed by Chris Jordan to examine how business could benefit from changes to the tax system. Yasser El-Ansary of the Institute of Chartered Accountants commented on the need to get the budget back into surplus.

The article views that the implementation of the new resource super profits tax by the federal government of Australia will almost certainly fail due to its ignorance of the consultation process with the mining industry.