Preparing for TOFA 3 & 4 - The Exposure Draft of 3 January 2007
Published on 07 Feb 2007
| Took place at RACV Club, Melbourne, VIC
The final installment in the Government’s reform of the taxation of financial arrangements (TOFA 3&4) was re-released as a second exposure draft on 3 January 2007. Significant changes and refinements have been made to the first exposure draft. These changes are considered from two contrasting perspectives:
- first, what is the basic and default application of TOFA 3&4?
- second, what choices are available in applying TOFA 3&4?
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