DLA Piper Australia

Kenny Mui of DLA Piper Australia analyses guidance published by the Australian Taxation Office on important Australian international tax measures that affect foreign investments in Australian structures and other cross-border transactions

The Australian government released draft legislation on January 17 2019, outlining the tax and regulatory components of the corporate collective investment vehicle (CCIV) regime, which is intended to make Australia more attractive and competitive in the funds management industry.

In recent months, there have been several important tax developments driven by the Australian Taxation Office (ATO) that are relevant to inbound distributors, multinationals and foreign-incorporated companies.