OrbitaxATO Issues Taxpayer Alert on Mischaracterised Arrangements and Schemes Connected with Foreign Investment into Australian Entities
|Approved Changes|Australia
The Australian Taxation Office has issued Taxpayer Alert (TA) 2020/2 on mischaracterised arrangements and schemes connected with foreign investment into Australian entities.
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Description
We are reviewing cross-border arrangements that mischaracterise the structure used by foreign investors to invest directly into Australian businesses.
Relevant arrangements typically display one or mor…
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