Published on 02 Apr 04
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
This paper covers TOFA reform and key new FOREX issues and will provide answers to the following questions:
- when does the new regime commence?
- how are foreign exchange gains and losses taxed?
- what transition is there into the new regime?
- what compliance saving choices are there?
David is a tax partner with PricewaterhouseCoopers. He was involved in the Government consultations which led to formulation of the original tax consolidation proposal and has maintained a significant involvement ever since, assisting clients with implementation and ongoing issues and participating in the NTLG Consolidation Sub Committee and various of its issue specific working groups.
Current at 9 February 2009 Current at 15 May 2009
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