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Australia Consults on New Debt-Equity Rules for Aggregation of Multiple Schemes

|Proposed Changes|Australia
Australia

The Australian Treasury has published draft legislation for consultation that introduces new rules for determining when schemes should be aggregated for the purpose of the debt-equity rules in Division 974 ({News-2015-04-07/P/2- previous coverage}). The debt-equity rules are meant to ensure that interests arising from schemes are correctly classified as either debt or equity according to their …

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