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10 Jun 08 Managed Investment Trust income distributions to foreign residents – draft regs

As foreshadowed in 2008 TAXVINE No 22 (13) (6 June 2008), the Treasury has now released draft regulations to support the amendments to be made by Tax Laws Amendment (Election Commitments No. 1) Bill 2008; Income Tax (Managed Investment Trust Withholding Tax) Bill 2008; and Income Tax (Managed Investment Trust Transitional) Bill 2008, all of which were introduced into Parliament on 4 June 2008.

For more information and a copy of the draft regulations, go here

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