02 Jul 1212 Information exchange country regs
Taxation Administration Amendment Regulation 2012 (No 4) was made on 28 June 2012 and registered on the Federal Register of Legislative Instruments on the same day as Select Legislative Instrument 2012 No 153.
This regulation amends the Taxation Administration Regulations 1976 to add the Cook Islands, Macau, Mauritius and the Republic of Korea to the list of foreign countries and foreign territories contained in Regulation 44E that are 'information exchange countries' for the purposes of s 12-385(4) of Schedule 1 to the Taxation Administration Act 1953. This list is relevant for calculating the amount to be withheld by the trustee of a managed investment trust or custodian, or by another entity, from a fund payment to a foreign resident.
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