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The capital revenue debate and the managed funds review paper

Published on 13 Feb 09 by NATIONAL DIVISION, THE TAX INSTITUTE

This paper addresses issues for all financial services players including:

  • ATO rulings and potential rulings
  • impact on open versus closed products
  • the Managed Funds Tax Review - not just capital-revenue
  • interplay with TOFA
  • international investors and international investments.

Author profile

Andrew Mills CTA-Life
Photo of author, Andrew MILLS Andrew Mills, CTA-Life, is Chair of the Financial Reporting Council Australia, Acting Chair of the Board of Tax, Principal Fellow at Melbourne University Law School and a member of the ANU’s Tax and Transfer Policy Institute Advisory Board and the Executive Committee of IFA Australia Branch among other roles. Previously, Andrew was the Second Commissioner, Law Design & Practice, at the Australian Taxation Office from 2013–2019. Andrew has over 40 years’ experience in taxation, including periods in the ATO, commerce and the tax profession. Andrew was a Director (Partner) at Greenwoods & Freehills for more than 20 years and managing director of the firm from 2006 to 2011. Andrew was President of The Tax Institute in 2006–2007 and is a former Governor of the Taxation Research Foundation. Andrew holds qualifications in Business and Law and is a Chartered Taxation Adviser (Life), a Fellow of CPA Australia, a Graduate member of the Australian Institute of Company Directors and a Fellow of the Governance Institute of Australia. - Current at 06 January 2026
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This was presented at Financial Services Taxation Conference 2009 .

Get a 20% discount when you buy all the items from this event.

Individual sessions

TOFA and hedging

Author(s):  Mathew UMINA

Materials from this session:

Tax issues in a bear market: Assets side

Author(s):  Allan BLAIKIE

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Financial services tax update

Author(s):  Antoinette ELIAS

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Managing TOFA, implementation and ongoing–Tax Office perspective

Author(s):  Ross BROOKES

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Walking the wire-The Australian economy in 2009

Author(s):  Michael BLYTHE

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