Published on 16 May 13
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This paper provides:
- an update on the recent legislative and administrative developments in relation to the TOFA rules
- a summary of what issues are still outstanding
- an outline of the expected TOFA implications arising from proposed changes to the accounting standards, in particular the treatment of financial assets and hedge accounting.
Julian Cheng, ATI, is a partner in Pitcher
Partner’s tax practice. He has over 20
years experience advising multinationals
and investment funds on Australian and
international tax issues with a focus on
mergers and acquisitions, divestments,
financing and corporate reorganisations.
- Current at
27 August 2018