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Interest Withholding Tax - Press Release

Published on 18 Mar 04 by THE TAX INSTITUTE

The Taxation Institute of Australia welcomes the Minister's 1 March 2004 announcements, contained in Press Release No C011/04 entitled 'Tax changes increase opportunities for Australian businesses'. The changes announced should have a large impact on lowering the cost of borrowing off-shore for Australian businesses, thereby ensuring that Australian businesses can raise finance on competitive terms.

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TAXATION INSTITUTE OF AUSTRALIA

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