Recent amendments have narrowed the scope of the interest withholding tax exemption in section 128F of the Income Tax Assessment Act 1936 (Cth) in relation to 'debt interests' which are not in the form of debentures. The amendments, contained in Tax Laws Amendment (2007 Measures No. 3) Act 2007 (Cth), mean that only certain types of non-debenture debt interests will be eligible for the exemption.
Miscellaneous
2007
Section 128F exemption from interest withholding tax - recent developments
Source: New South Wales
Published Date: 19 Sep 2007
Individual Session
Withholding tax considerations
Author(s):
Justin Cherrington
,
Tim Sherman CTA
,
David Anderson
,
James Willis
,
John King CTA
Materials from this
session:
Details
- Published By: Tim Sherman CTA, David Anderson
- Published On:19 Sep 2007
- Took place at:Sofitel Wentworth Hotel, Sydney
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Tags
Miscellaneous
2007
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