Stapled Structures – Toughening up the Rules

Journal
Author
Joseph, A.
Country
Australia
Published Date
Issue
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2019 (Volume 21), No. 6
FormatPDF
EUR
45
| USD
50 (VAT excl.)

The enactment of the Stapled Structures Act in 2019 has added another layer of complex rules to the already existing restrictions on stapled structures in Australia. The increase of withholding tax on payments to non-resident investors may significantly discourage foreign investment in managed investment trusts in Australia.