Your shopping cart is empty

Capital gains has narrower scope but longer arm.

Publication date: 01 Sep 06 | Source: INTERNATIONAL TAX REVIEW

Issue: Vol. 17 no. 8 2006

Pages: pp.59-61


The taxation of investments into Australia stands to be materially refocused by proposed legislation.

The winners will be non-residents with interests in Australian entities that are not Australian land rich.

The loosers are clearly non-residents that hold a 10% or greater interest in an Australian resident or non-resident (non-Australian) entity that either directly or indirectly in Australian land-rich.

This item is not available for download from this website. Please contact the Tax Institute library for assistance. Charges will apply.

Author profiles

Richard Shaddick
Richard Shaddick FTIA is a Director of Greenwoods & Freehills in Melbourne. He has extensive experience in international taxation with his primary area of interest being the taxation of controlled foreign companies. Richard is a member of the Public Rulings Panel of the Australian Taxation Office. He is a former State & National Councillor of the Taxation Institute, and a former Australian President of the International Fiscal Association. He represented the Taxation Institute on the Tax Treaties Advisory Panel from 1997-2006. He is an occasional member of the GAAR Panel. - Current at 11 March 2009
Click here to expand/collapse more articles by Richard SHADDICK.
Kenneth Spence CTA-Life
Photo of author, Ken SPENCE Ken is a Special Counsel in the Melbourne office of Greenwoods & Herbert Smith Freehills. He has been closely involved for many years in advising Australian and foreign-owned listed companies on M&A transactions and has been extensively involved with both clients and tax professional bodies in relation to all aspects of the tax consolidation regime. Ken is a past President of The Tax Institute. - Current at 23 August 2016
Click here to expand/collapse more articles by Ken SPENCE.