Tax Insights

The first ATO Sentiment Report, a survey of accountants, covers the first quarter of 2026–27, from July to September. It was published on 2 November.

The case is Deputy Commissioner of Taxation v Moyo [2026] WASC 434, heard in the Supreme Court of Western Australia by Master Sarah Elizabeth Russell.

The case involved the founders of the City Beach retail chain, Melville Hicks and Carmelo Ierna, and a 2016 restructure followed by a $52 million selectiveShare Capitalreduction, widely described as a buy-back.

The draft is titled the A New Tax System (Goods and Services Tax) (Attribution Rules for Supplies and Acquisitions Made Through Agents) Determination 2027, numbered LI 2026/D20.

Class Ruling CR 2026/82 was issued on 21 October 2026 for Urban Mobility Pty Ltd. It covers an employee's use of an electric bicycle provided under a salary packaging arrangement.

The guidance sits in the ATO's tax governance guide for privately owned groups, on a page titled "Gifts or loans from related overseas entities". The page was updated on 23 October 2026.

The operation, named Operation Brambles, was announced in a Fair Work Ombudsman media release dated 22 October 2026, with the ATO issuing its own release.