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The new rules for taxation of foreign exchange gains and losses convention paper

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?

Author profile:

David Romans
David works for PricewaterhouseCoopers. Current at 05 July 2009 Click here to expand/collapse more articles by David ROMANS.
 

This was presented at 18TH NATIONAL CONVENTION: FOUNDATIONS FOR THE FUTURE.

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