As we approach the end of 2017, it’s time to reflect on the significant developments in the Australian tax regime with potentially far reaching consequences for investors within the real estate sector.
KPMG has prepared a publication that set outs some of the more significant developments during 2017, together with our views on what investors can expect in 2018 and beyond.
Headlining these significant developments are the Australian Taxation Office (ATO) Taxpayer Alert into stapled structures (TA 2017/1) and Treasury’s consultation into the use of stapled structures the outcome of which is expected to have a significant impact on the real estate sector.
Other significant developments that should be on the radar of property sector participants include:
KPMG have been involved in the consultation process of a number of topics set out above and in the publication. Please contact your KPMG adviser if you would like to discuss these topics including any issues that KPMG should raise in ongoing consultations on the various measures.