21 August 2009
Removal of Non-Resident Interest Withholding Tax on Commonwealth Government Securities
The Treasurer announced today that the Government will legislate to make Commonwealth Government Securities eligible for exemption from non-resident interest withholding tax under section 128F of the Income Tax Assessment Act 1936.
Further details concerning this announcement are available in a media release by the Treasurer. The media release can be viewed by clicking on the following link: