Australian Government, the Australian Office of Financial Management

Operational Notice

No: 16/2009
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:

Treasurer's Media Release No. 092 of 2009

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