Staples – The end of the Beginning?

Taxpayers should review the application of the Staples Legislation to existing structures and consider whether to make the election for transitional relief.

A package of measures to limit tax concessions for foreign investors into stapled structures received Royal Assent ("Staples Legislation") on 5 April 2019. These changes were initially announced in early 2018 and will now take effect from 1 July 2019. We recommend taxpayers review the application of the Staples Legislation to existing structures and consider whether to make the election for transitional relief.OverviewIt has been a long journey but the draft Staples Legislation passed the Sen...

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Authors: Scott Farrell, Matt Ervin,

Published Date: 09 April 2019