Tax implications of failed Managed Investment Scheme arrangements
Published on 15 Sep 2009
| Took place at Education Development Centre, Hindmarsh, SA
This event, part of the Bi-Monthly Briefing series, covered Managed Investment Scheme arrangements.
Use of Managed Investment Scheme (MIS) arrangements for forestry and non-forestry agribusiness projects has
seen significant growth in the last 10 years, particularly in relation to the perceived tax benefits of using these
structures. However, what are the tax implications where the Responsible Entity/Manager fails or the MIS
arrangement is wound up?
This event considered the tax implications for Investors/Growers where the
Responsible Entity/Manager is replaced or the Scheme is restructured or wound up. The event also highlighted
the surprising different tax results for forestry versus non-forestry failed MIS agribusiness projects.