TOFA - Implications for SMEs
Published on 22 May 2007
| Took place at City West Function Centre, West Perth, WA
The TOFA rules have significant implications for many SME’s. Issues to be discussed at this seminar included:
- the scope of the legislation - how wide is the definition of ‘financial arrangement’ and what taxpayers will be impacted?
- examine the exclusions from the proposed rules
- a practical application of the proposed rules
- update on issues such as FX denominated bank accounts and short term foreign exchange gains/losses.