Tax Planning and Consulting

Your tax planning challenge is our expertise

Our tax professionals have extensive technical experience in managing complex tax considerations for multinational companies. Our certified tax advisors help you manage your tax filings with dedicated assessments for exemptions, tax credits, schemes, and timely disclosure.

Our 3-step approach to helping you minimise your tax burden.

Step 1: Dedicated assessment of the entity’s tax situation

Step 2: Development of tax planning optimisation strategy

Step 3: Ongoing monitoring and evaluation of tax situation

Why BD Welsh?

Frequently Asked Questions

What are the key tax requirements I should consider for a subsidiary in Australia?

Some key requirements to consider include:

The Australian company tax rate.
Transfer pricing arrangements.
Thin capitalisation rules.
The Controlled foreign company (CFC) rules.
The treatment of tax losses.

It is recommended to consult with a local tax specialist to ensure full compliance with all relevant regulations.

Do Australian state and territory taxes impact my business structure?

Yes. In addition to federal taxes, you should be aware that each state and territory imposes its own taxes, which may affect your operational costs. Common state and territory taxes you should be aware of include:

Payroll tax
Land tax
Stamp Duty (or Transfer Duty)

Motor vehicle duties

What tax incentives are available for subsidiaries in Australia?

Australia provides several tax incentives to support business growth and innovation. These include:

The Research and Development (R&D) Tax Incentive
The Early Stage Innovation Company (ESIC) Incentives
Foreign Income Tax Offsets (FITOs)
The Critical Minerals and Hydrogen Production Tax Incentives

Determining eligibility and preparing applications to access the above tax incentives can be complex. Therefore, it is recommended that you seek professional advice to maximise your benefits.

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