Development of Australia's income tax rules for outward investment

Journal
Fullerton, I.
Bulletin for International Taxation 2003 (Volume 57), No. 8
PriceUSD 45

This article traces the development of Australia's income tax rules relating to outward investment, particularly in the past ten years, and considers whether the changes recently proposed by the government will enable Australian resident companies and collective investment funds to invest in foreign countries without facing penal cumulative tax rates, unnecessarily complex tax rules or capricious tax costs.