The Federal Board of Taxation has received submissions following last year’s release of a Discussion Paper entitled “Review of the Taxation Treatment of Islamic Finance”.
Various stakeholders made contributions including: Australian law firms; accountancy firms; academics; individuals; industry bodies (ie the Financial Services Council, CPA Australia and a joint submission from the Tax Institute of Australia and the AFMA); and the Department of NSW Treasury and Department of Industry & Investment NSW...............................................Full Article: Source
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