Published on 15 Feb 12
by NATIONAL DIVISION, THE TAX INSTITUTE
This paper covers:
Australian tax implications of common Islamic financing products
what tax reform is needed to level the playing field?
Biagio Testa CTA
Bill is a Partner in the specialist Financial Services
Tax Group of PwC, Sydney. He has over 25 years experience in
providing taxation services to the financial services industry and
is currently responsible for a portfolio of banks, fund managers
and other financial services clients. He has extensive knowledge
of the financial services industry and related tax issues, including
Islamic finance structures and their tax treatment. Bill has also
been involved in liaising between the industry and the ATO/
Treasury on tax reform issues relevant to financial services,
including Islamic finance. Current at 30 September 2011
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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