19 Feb 10
Professional Bodies meeting with the ATO in respect of TD 2009/17 and TD 2009/D18
David Linke FTIA (KPMG) and Angie Ananda FTIA attended a meeting with the ATO today, Friday, 19 February 2010 to discuss
- Draft Taxation Determination TD 2009/D17 Income tax: treaty shopping - can Part IVA of the Income Tax Assessment Act 1936 apply to arrangements designed to alter the intended effect of Australia's International Tax Agreements network?; and
- Draft Taxation Determination TD 2009/D18 Income tax: can a private equity entity make an income gain from the disposal of the target assets it has acquired?
We will inform members of the outcomes of this meeting in next week's report.