Review of the Debt and Equity Tax Rules

The Chair of the Board of Taxation, Mrs Teresa Dyson, today announced that the Board has released a discussion paper and is inviting written submissions about Australia’s debt and equity rules. The Board has been asked to undertake a post-implementation review of these rules including whether there can be improved arrangements within the Australian tax system to address any inconsistencies between Australia’s and other jurisdictions’ debt and equity rules that could give rise to tax arbitrage opportunities.

Further information on the review is available on the Board of Taxation website.

The closing date for submissions is Friday, 23 May 2014. Submissions can be sent by mail, facsimile or e-mail to:

Review of the Debt and Equity Tax Rules

The Board of Taxation
c/- The Treasury
Langton Crescent


Louise Lilley

Board of Taxation Secretariat

Telephone: 02 6263 3327