TaxTalk July 2008

Welcome to the July 2008 issue of TaxTalk, PricewaterhouseCoopers' electronic bulletin capturing the key business impacts of all significant Australian tax developments.

In this issue

We look at the issues paper the ATO released on certain transfer pricing issues raised by cross-border intra-group loans and credit guarantees. We also explore the review of the national system of innovation as part of the Rudd Government's search for new ideas from the public. We have also included this month a special edition on 'Top-hatting' and stamp duty relief.

Also in this issue

• Identifying a tax benefit under Part IVA
• ATO releases Practice Statement on promoter penalties: how will it affect your business?
• Innovation…the next twelve months

• Corporate tax developments
• International tax developments
• Goods and services tax (GST) developments
• State taxes
• Personal and expatriate taxation
• Legislation update
• Other tax news