Taxation of Financial Arrangements (TOFA)


Stages 3 & 4 of the Taxation of Financial Arrangements measures are intended to provide increased certainty, reduced compliance costs and greater neutrality to the tax treatment of gains and losses made on financial arrangements. The exposure draft legislation has been designed and drafted using the coherent principles approach.

Media releases and consultations relating to TOFA are available.

Additional information is available on the ATO website.