Accountants Daily

  • Accountants Daily

    ATO increasing data exchange with international regulators

    September 4, 20170 Comments

    ATO increasing data exchange with international regulators   Data sharing between tax regulators in different countries is rapidly increasing, with the ATO turning in around 30,000 US expats to the IRS just last year according to a US tax lawyer. Moodys Gartner director Roy Berg explained that under the...


  • Accountants Daily

    Big tax bills surfacing for expat clients

    September 4, 20170 Comments

    ‘Big tax bills’ surfacing for expat clients Atlas Wealth Management managing director Brett Evans explained to sister publication SMSF Adviser that due to tax rules brought in by the IRS back in 1996, where US citizens or Australians residing in the US invest in a passive foreign investment company...