Staples in Infrastructure, Debt Financing and Tax Avoidance

Journal
Joseph, A.
Australia
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2019 (Volume 21), No. 5
PriceUSD 45

In Australia, the avoidance of tax by transforming trading income into passive income has been a niggling problem for the government and tax administration. The recent enactment dealing with limitation of tax concessions to staple structures has gone a long way in resolving the issues, but any adverse consequences for foreign investment, especially in the property sector, may not be readily apparent.