Published on 06 Oct 06
by VICTORIAN DIVISION, THE TAX INSTITUTE
The policy behind Treasury’s long-awaited proposals relating to the taxation of financial arrangements (TOFA) remains unsettled. However, this paper considers possible practical implications of TOFA for those outside of the finance sector, in relation to common-place transactions including:
- the acquisition or construction of major assets
- the disposal of significant assets on deferred settlement terms
- contracts such as lease and service agreements.
Enzo Coia, CTA, is a Tax Partner at Deloitte with 20 years experience providing advice on Australian and international taxation matters. Enzo specialises in M&A, financing, capital management and dealing with revenue authorities. He is expertly placed to understand clients’ needs, having spent several years in a senior tax leadership position at a multinational oil and gas company.
- Current at
31 October 2019
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