The regulatory spotlight is now on corporate tax avoidance following news of a global investigation into tax deals negotiated by Australian and foreign companies through Luxembourg and the leaking of more than 300 tax agreements by a group of investigative journalists.
Offers under employee incentive schemes can trigger a range of obligations under the Corporations Act 2001 (Cth) in relation to disclosure and on-sale, financial services licensing, advertising, hawking and the incidental operation of a managed investment scheme.
The rules in the Australian Privacy Act 1988 as to ‘accountability’ for offshore disclosures by Australian regulated entities continue to fuel debate between commercial lawyers when negotiating privacy provisions in commercial contracts. Gilbert + Tobin partner and iappANZ director Peter Leonard looks at the principal areas of debate.
With the ACL Consumer Guarantees continuing to rank highly on the ACCC’s enforcement priorities, now is an appropriate time for businesses to review their practices and policies with regard to the Australian Consumer Law and in particular the consumer guarantees.