Please sign in here using your existing KPMG Account (KPMG Directors’ Toolkit | KPMG Tax Now | KPMG Support).
If you cannot remember your sign in details, or you need assistance, please contact us.
COVID-19: Australia’s foreign investment framework changes
The Foreign Investment Review Board’s (FIRB) monetary screening thresholds have been reduced to A$zero.
In response to the current environment that is materially impacting the financial position of Australian businesses, the Australian Government has announced new foreign investment measures to take immediate effect that are designed to help protect the interests of Australia and Australian businesses.Key points: FIRB decision period to be extended from current 30 day period to up to six months for both new and also existing applicationsUrgent applications for approval that relate to investment...
Sign in below or register now to read the full article
Authors: David Morris, Paul Wentworth
Published Date: 30 March 2020
KPMG Tax Now is a digital media website that brings together industry-leading tax news, insights and more from our global network of experts.
Stay informed of important policy and legislation changes, and what it means to you and your business.
Subscribe to our KPMG Tax Now platform to receive important updates delivered to your inbox, access to exclusive multi-media content, and invitations to interactive information sessions with KPMG experts.
If you are an existing user please click here
Please sign in here or Register if you don't have an account