Published on 13 Mar 09
by NATIONAL DIVISION, THE TAX INSTITUTE
You have heard the theory of this long awaited tax reform. Now consider what it really means to taxpayers outside of the financial institutions. This paper practically analyses the provisions, covering issues such as:
- the potential benefits of the various accounting elections
- timing impacts/characterisation impacts
- unexpected complexity
- how to prepare
- when you need to decide and what you need to do.
Neil Ward FTIA leads the Deloitte Australian Financial Services Tax Group. He has more than 30 years experience in advising in tax. Prior to joining Deloitte in March 2000, Neil spent 12 years with the ANZ Banking Group in Australia and the United Kingdom. Neil is recognised as one of the leading tax advisers on financial arrangements, foreign exchange, thin capitalisation, capital management, withholding tax and infrastructure transactions.
- Current at
06 May 2009