Foreign investment fund changes emerging from the Review of International Taxation Arrangements seminar paper

Published on 22 Sep 04 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

This paper covers:
- the changes so far - increasing balanced portfolio exemption, super exemptions, etc. - what are the practical issues?
- the changes introduced - treaty changes for investors in trusts, WHT for rent, direct and indirect CGT exemptions for offshore investors - what systems and other changes are required and by when?
- the changes still to come - the broad 10% balanced portfolio exemption, how can we design a better FIF regime?
- interaction with other changes - what do the participation and exemption changes mean for FIF interests? What about other kinds of non-FIF foreign interests?

Author profile

Philip Barlin CTA

Philp Barlin, FTIA, is currently Executive Manager Taxation at the Commonwealth Bank. He has 25 years of experience in the taxation field both in professional firms and corporates. Philip is currently chair of the First State Colonial tax working group and has for many years specialised in the taxation aspects of the wealth management industry. - Current at 05 April 2012

More by Philip BARLIN

• Investment manager regime paper - 15-February-2012
• Too many trusts paper - 16-February-2007

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