Feedback requested from ATO - draft Legislative Instrument (Variation 2020/D1) applicable to mortgagees - Foreign Resident Capital Gains Withholding process
The Taxation Law Committee of the Business Law Section of the Law Council of Australia welcome the new variation instrument, particularly now that the COVID-19 pandemic may result in a sharp rise in the number of mortgagees exercising their power of sale. However, the committee considers that it would be appropriate to expand the scope of the variation to the significant number of non-bank (non-ADI) lenders in the market.
You can read the full submission below.
Share
Related Documents
Tags
Most recent items in Business Law Section
Business Law Section
Extension to temporary insolvency emergency measures
Business Law Section
Response to IP Australia public consultation: ACIP Designs Bill
Business Law Section
Input to ASBFEO Insurance Inquiry launched in July 2020
Trending Items in Business Law Section
Business Law Section
Forsyth/Pose Scholarship
Business Law Section
OECD Public Consultation on Liability of Legal Persons
Business Law Section