The Australian Taxation Office (ATO) has published a discussion paper on the tax implications of Inter-bank Offered Rate reform. The deadline for comments is 17 December 2021.
---
Common tax consequences of changes made to financial arrangements driven by Inter-bank Offered Rate reform
What this discussion paper is about
1. Interest rate benchmarks, including the London Inter-bank Offered Rate (LIBOR), the Euro Inter-bank Offered Rate (EURIBOR), the United States of America's Effective …