Australia: 2013-2014 federal budget may impact some assignees

Global Watch ()

The Federal Treasurer, Honourable Wayne Swan, MP delivered his sixth budget (Budget) at 7:30 PM AEST on May 14, 2013. This Global Watch describes some tax changes proposed by the Government in the 2013-14 Budget as well as certain announcements made prior to the Budget. Employers should evaluate how these changes affect their global mobility programs, including increased costs under their tax equalization policy.