Managed Investment Trust Reforms - Discussion Paper Released.

Extract


Managed Investment Trust Reforms - Discussion Paper Released.

Introduction

In May this year the Government, in responding to the Board of Taxation Review of the Tax Arrangements applying to Managed Investment Trusts (MITs) proposed a number of significant changes to the taxation of MITs (see our Legal Update of 13 May 2010). In October this year the Government has released a Discussion Paper on the reforms proposed, a...

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