More Developments in the TOFA Project
8 October 2008
On 1 October 2008, the Assistant Treasurer released another Exposure Draft Bill and Explanatory Material for the proposed regime for the taxation of financial arrangements (TOFA Stages 3 and 4). For our full Tax Brief - click here
These notes are in summary form designed to alert clients to tax developments of general interest.
They are not comprehensive , they are not offered as advice and should not be used to
formulate business or other fiscal decisions.
Liability limited by a scheme approved under Professional Standards Legislation.