Final risk guidance released on outbound interest-free loans

As outlined by Jane Rolfe, Nick Warth and Sean Madden, some important changes have been made to the final practical compliance guideline.

The Australian Taxation Office (ATO) has now finalised its long-awaited risk guidance relating to outbound interest-free loans made between an Australian taxpayer and its international related parties. Schedule 3 to PCG 2017/4 has effect from 1 January 2020 and applies to existing and newly created outbound interest free loans. Our recent article discussed the main features of the draft guidance and the key aspects of the analysis required. See related article: New draft risk guidance for ...

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Authors: Jane Rolfe, Nick Warth,

Published Date: 14 December 2020