Comments by OECD Secretary General Mathias Cormann at the World Economic Forum in Davos suggest that the implementation of Pillar One of the global tax agreement is likely to be deferred until 2024.
With many of the announced measures due to start on 1 July 2023, it will be challenging to get all of these changes through the consultation and legislative process in time.
KPMG welcomes the Budget proposal to enhance the Paid Parental Leave scheme – which picks up some of the recommendations made in a KPMG policy paper issued last year as part of its gender equity series.
