BDO's quarterly tax bulletin - Latest developments from the quarter ending 30 June 2026


Published: 

As the final quarter of the 2025-26 financial year comes to a close, our latest quarterly tax bulletin highlights the key tax developments from the quarter ending 30 June 2026.

This edition brings together the latest developments in Australian tax law, policy and compliance to help taxpayers, businesses and advisers navigate an increasingly complex tax landscape. Covering corporate and international tax, transfer pricing, indirect tax, employment tax, research and development tax, State Budgets and Federal Budget measures, the bulletin provides practical insights to support compliance, planning and risk management. 

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Key highlights

Download the bulletin and explore our experts' analysis of important developments including:

BDO's tax bulletin thumbnail

Federal Budget tax measures

Gain insights into significant Federal Budget proposals, including capital gains tax reforms, discretionary trust measures, private equity and venture capital impacts, housing and construction measures, R&D Tax Incentive reforms, migration settings, sustainability reporting changes and sector-specific implications across agribusiness, insurance, technology and retail.

Foreign resident capital gains tax (CGT) reforms

Learn about proposed changes to Australia's foreign resident CGT regime, including updates to the principal asset test, new Australian Taxation Office (ATO)’s notification requirements and proposed concessions for renewable energy assets. These changes may have significant implications for foreign investors, acquirers and major transactions.

Corporate tax developments and ATO guidance

Explore emerging issues including the proposed News Media Bargaining Charge, the ATO's response to the PepsiCo High Court decision and updated guidance on exploration expenditure that could affect historical tax positions and ongoing compliance obligations.

Transfer pricing developments

Understand the ATO's updates to PCG 2019/1 for inbound distributors, including revised profit markers, expanded scope and changes that may affect transfer pricing risk classifications, and reporting obligations.

Goods and Services Tax (GST) and international trade

Review recent GST turnover guidance and the implications of upcoming European Union (EU) customs reforms with the Australia-EU Free Trade Agreement for Australian businesses trading internationally.

Employment tax updates

Examine the latest Fringe Benefits Tax (FBT) developments following the Full Federal Court's decision confirming that a shopping centre car park may be considered a commercial parking station for FBT purposes.

Research and development tax incentives (RDTI)

Compare proposed Australian and New Zealand R&D incentive reforms and understand what the differing approaches could mean for future innovation investment, eligibility and claim outcomes.

State Budget insights

Explore the key tax themes emerging from recent State Budgets across Victoria, Western Australia, South Australia, New South Wales, Queensland and the Australian Capital Territory, including duty concessions, payroll tax measures, housing initiatives and tax developments.


The bulletin provides an outline to help understand and manage compulsory tax compliance and liabilities, but please note this is not comprehensive. 

Before acting on the information provided, you should consider your individual circumstances and consult your BDO tax adviser for tailored advice or to discuss our available tax services.

How BDO can help

If you have questions about any of the topics covered in the bulletin or would like tailored advice, BDO’s Tax team is here to support you.

With deep expertise across corporate and international tax, indirect tax (including international trade and customs), R&D and government incentives, global expatriate tax, employment tax, and transfer pricing, our specialists can help your organisation navigate the complexities of Australia’s tax environment.

We work closely with clients to ensure they remain compliant, manage risk effectively, and are well-prepared for future developments. Contact our tax experts today.

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