Australian Government: Proposed Tax Changes to Provide Certainty to Sovereign Investments
Posted on 11/30/2009
According to the Government of Australia – Assistant Treasurer, “The Assistant Treasurer, Senator Nick Sherry, has today released a consultation paper on the proposed changes to the income tax law to formalise the existing tax practice of exempting certain income earned by foreign governments. “Currently, there are around 50 sovereign wealth funds around the world […]
