Published on 23 Nov 10
by VICTORIAN DIVISION, THE TAX INSTITUTE
This presentation covers:
- does TOFA apply to you?
- how TOFA taxes gains and losses on financial arrangements?
- what is a financial arrangement?
- what financial arrangements are excluded from TOFA?
- tax timing methods under TOFA
- default methods
- elective methods
- what if you do nothing?
- case studies/examples
- what should I be doing now?
Current at 14 December 2010