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Thinking| 06 Jun 2016
ASIC has issued a media release announcing its intention to grant Class Order relief to allow registered funds to make changes to their constitutions for opting in to the new Attribution Managed Investment Tax (AMIT) regime without holding unitholders’ meetings. ...
Thinking| 21 Jul 2015
The Government has just released draft legislation for public comment, on the proposed foreign resident capital gains withholding tax.
Thinking| 03 Jun 2014
The new FATCA rules apply to all registered and unregistered managed investment schemes. The trustees, fund managers and custodians of Australian funds will need to consider the extent to which the new regime impacts the fund.