Taxation of Financial Arrangements - Exposure Draft Legislation and Explanatory Material

This consultation process has now been completed. Submissions available
Date
-
Consultation Type
Draft Legislation

Key Documents

Since the lapsing of the 2007 TOFA Bill, the draft legislation has undergone a number of technical amendments, including the addition of consolidation interaction rules.  The new draft legislation also includes integrity rules to address value shifting and non-arm’s length dealings in relation to financial arrangements.

This consultation forms part of the Taxation of Financial Arrangements (TOFA) initiative.

Submissions

9 submissions were received for this consultation.

Australian Bankers’ Association - pdf 118.55 KB
Blake Dawson Waldron - pdf 459.2 KB
Corporate Tax Association - pdf 100.41 KB
Institute of Chartered Accountants in Australia - pdf 517.07 KB
Investment and Financial Services Association - pdf 151.33 KB
Pitcher Partners - pdf 290.83 KB
Pricewaterhouse Coopers - pdf 795.05 KB
Property Council of Australia - pdf 221.81 KB
Tax Institute of Australia - pdf 49.82 KB