Australia’s Hybrid Mismatch Rules: An essential update

In Australia’s Hybrid Mismatch Rules: An essential update, KPMG provides commentary to facilitate understanding and consideration of Australia’s hybrid mismatch rules.

To access KPMG's Hybrid Mismatch Rules Guide click here.BackgroundIn 2015, the OECD released its Final Report on Neutralising the Effects of Hybrid Mismatch Arrangements.The day following this release, the Australian Treasurer made a referral for the Board of Taxation to consider Australia’s response. This process resulted in the enactment of a comprehensive package of hybrid mismatch rules.This package was contained in 90 pages of new legislation, which contained 89 sections, and 30 new...

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Authors: Peter Madden, Paul Sorrell

Published Date: 03 December 2019