Australia: Tax Legislation Growing at Unprecedented Rate
Australia passed legislation, adding 9042 pages of tax laws to the books last year. That is more new tax legislation than has been seen in that country over whole decades. This sort of rampant legislative expansionism, results in…
Australia: Taxation on Subsequent Transfer of Art
The Resale Royalty for Visual Artists Act 2009, which was passed by the Australian Senate into law last week (November 26th) will mean Australia’s visual artists will receive a portion of the proceeds from the resale of their…