BCTR Proposed Withholding Rates for Managed Fund Distributions Made to Foreign Residents
- Date:22 May 2007
- Type:Policy & Advocacy: Submission
The Business Coalition for Tax Reform (BCTR) is highly concerned that the proposed new withholding rate in respect of distributions made by Australian managed funds to foreign residents is being set at a rate that will perpetuate the competitive disadvantage this key industry currently faces.
AICD participates in the debate about Australian tax reform through its involvement in the BCTR.
Please refer to the BCTR website for the full text of this submission.