OrbitaxATO Issues Tax Alerts Concerning Transactions with Offshore PEs, GST Avoidance, and Treatment of Debt as Equity under Thin Cap Rules
|Approved Changes|Australia
On 10 August 2016, the Australian Taxation Office (ATO) issued tax alerts on arrangements currently being targeted for review. Links to the alerts and summaries of the targeted arrangements are as follows.
TA 2016/7 - Arrangements involving offshore permanent establishments
The ATO is reviewing arrangements involving tax-consolidated groups with subsidiaries using offshore permanent establi…
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