TOFA Stages 3 and 4 - the marathon enters final phase

5 December 2008

Tax Laws Amendment (Taxation of Financial Arrangements) Bill 2008 (the TOFA Bill), which contains the final stages of the taxation of financial arrangements (TOFA) reform project, was introduced into the House of Representatives by the Assistant Treasurer, the Hon Chris Bowen MP, on 4 December 2008 and has already been referred to the Senate Economics Committee for inquiry and report by 20 February 2009. For our full Tax Brief - click here

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