16 February 2018 Australian taxation of exit gains made by offshore funds discussed A decision handed down on February 5, by the Federal Court of Australia (Resource Capital Fund IV LP v Commissioner of Taxation) raises issues regarding the Australian tax treatment of offshore limited partnerships (OLPs). It has ramifications for the Australian funds management industry and requires careful consideration, particularly by OLPs deriving exit gains on Australian investments. Document ID: 2018-0351 |
