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19 Dec 08 ATO’s TOFA Working Group

The first meeting of the ATO’s NTLG Finance and Investment Sub-group TOFA Working Group was held on Friday 12th December 2008 in Sydney. The TOFA Working Group is to be concerned with issues arising under the Tax Laws Amendment (Taxation of Financial Arrangements) Bill 2008. Tony Frost FTIA (Greenwoods and Freehills) represented the Taxation Institute at the meeting. The Treasury provided an update on the legislative process and a general discussion on administrative and implementation issues was held.

Any members who have an interest in putting issues forward for this group can send their issues to: technical@taxinstitute.com.au

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