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Islamic finance meets Australian taxation paper

Published on 17 Nov 08 by QUEENSLAND DIVISION, THE TAX INSTITUTE

This paper covers:

  • overview of Islamic Finance
  • prohibition against usury
  • common Islamic arrangements, and the Australian Tax System
  • buying a home, Islamic finance, and CGT
  • overseas experiences.

Author profile

Ashutosh Chotai CTA
Ash is a Director with Chotais Chartered Accountants in Brisbane and has in excess of 25 years’ experience in the provision of tax and business advice to small and medium enterprises and high net wealth persons. His areas of interest include business and asset structuring, asset protection and estate planning. Ash is a former Queensland State Chairman and State Councillor of The Tax Institute, and a former member of the National Education Committee, and is a regular presenter for The Tax Institute and other professional bodies. - Current at 13 December 2018
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This was presented at Not for Profit Tax Issues .

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