Welcome to the May edition of TaxTalk Monthly, where we share insights on significant local and global tax developments and examine the key impacts for Australian businesses.
This month we explore:
- the recent Resource Capital Fund decision and its implications for various complex international tax issues including the treatment of limited partnerships
- the ATO’s new low tax lender rule guidance
- the Commissioner of Taxation’s latest views on key technical aspects of the Arm’s Length Debt Test, and
- the ATO’s finalised ruling on ‘carrying on a business’.
