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Taxation of managed investment trust disposals - draft legislation in the spotlight.

Publication date: 21 Jan 10 | Source: WEEKLY TAX BULLETIN

Issue: No 2 2010

Pages: pp. 68-72

Abstract:
Overview of proposed regime; which MITs are eligible; the choice process; Capital treatment - some positives and negatives; carried interests; application date.

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Author profile

Matthew Hayes CTA
Matt has been a KPMG Tax Partner in the Australian firm for 23 years. Matt's current role in KPMG's Australian Taxation Centre includes consultation with Government, Treasury and Taxation Authorities on legislative and administrative matters. Matt has been the income tax partner on Australian and international corporate clients and was seconded to a major publicly listed company, acting as their in-house tax counsel for 2 years. - Current at 18 May 2010
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