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Australia Announces Availability of Stapled Structures Information and Forms — Orbitax Tax News & Alerts

On 6 May 2019, the Australian Taxation Office issued a release announcing the availability of stapled structures information and forms in relation to changes made by the recently enacted Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Act 2019 ({News-2019-04-25/A/2-previous coverage}).

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Stapled structures information and forms now available

Information about the changes under the Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Act 2019 (Stapled Structures legislation) is now available on our website, along with relevant forms.

A stapled structure is an arrangement where two or more entities that are commonly owned – at least one of which is a trust – are bound together and cannot be bought or sold separately.

The Stapled Structures legislation introduces the following measures that apply to any foreign investors who have invested in or through a stapled structure:

Choices available for stapled groups

If you are a foreign investor in a stapled structure, you can choose to apply transitional provisions or exceptions to transitional cross staple arrangements and approved economic infrastructure facilities.

The following pages include information and forms to apply these provisions and exceptions:

If you need further information, you can:

See also:

Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Act 2019