21 Nov 08
TOFA turns 17
As TOFA stages 3 and 4 legislation is pending introduction, an important milestone has been reached. TOFA turned 17. It was on 18 and 19 November 1991 that a meeting was held to discuss the taxation treatment of financial arrangements at the National Convention Centre in Canberra. Surprisingly, there are still three survivors who continue to be engaged in the development of the TOFA rules, be they in different employment relationships.