Foreign source income antitax deferral review

AICD contributes to the debate on tax reform through the Business Coalition for Tax Reform (BCTR).

While the BCTR supports and encourages the notion of achieving greater simplicity in our tax laws through the harmonisation of the four existing anti-tax deferral regimes, we believe the key outcome of this review will be the modernisation, simplification and better targeting of our anti-tax deferral rules. This will reduce uncertainty and compliance costs, and help make Australian companies more internationally competitive.

The submission can be found on BCTR's website.