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September 28, 2018
2018-1919

Australia introduces bill for stapled structures, non-concessional managed investment trusts and other foreign investor changes

A bill introduced by Australia's Assistant Treasurer into Parliament on September 20, will affect a broad range of sectors that rely on foreign investment, including in infrastructure, funds management, and real estate. The bill, Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Bill, follows earlier Treasury discussion papers, two rounds of exposure draft (ED) law, and lengthy consultation with Treasury.

A Global Tax Alert, attached below, provides additional details.

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Full text of this Tax Alert

 

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