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Feb 2018

Australia’s Controlled Foreign Companies rules tightened: Bywater Investments revisited

Australia’s Controlled Foreign Companies rules tightened: Bywater Investments revisited

By: Odyssey Legislation
Tags: controlled foreign companies, controlled foreign trusts, tax rules

There have been several interesting events in the offshore world recently. As the Panama papers and then the Paradise papers unfolded, it seems pretty obvious that hiding in low or no tax jurisdictions is becoming less cool. It’s relatively easy these days to wake up to find massive amounts of data hacked from secure systems, and not all companies responsibly …