Australia: Attribution managed investment trust (AMIT) regime benefits

Australia: AMIT regime benefits

The attribution managed investment trust (AMIT) bills were passed by the Senate this week and are expected to receive Royal Assent shortly.

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There are benefits of electing to enter the AMIT regime, although the particular features of each trust need to be considered—including the potential application of the new arm’s length income test to all Managed Investment Trusts (MITs).


Read a May 2016 report prepared by the KPMG member firm in Australia

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