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03 Apr 09 Joint submission on TR 2008/D8 (s177EA: ‘dollar value’ convertible notes)

On 6 March 2009, a joint submission was made to the ATO on behalf of the the Institute of Chartered Accountants in Australia, the National Institute of Accountants, the Taxation Institute of Australia, CPA Australia and Taxpayers Australia in relation to Draft Taxation Ruling TR 2008/D8 (Income tax:  application of section 177EA of the Income Tax Assessment Act 1936 to non-share distributions on certain ‘dollar value’ convertible notes).

For a copy of the submission, go here.

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