The Tax Office has recently released draft Taxation Ruling TR 2017/D3, dealing with rights and retail premiums under a renounceable rights offer for shares. It complements Taxation Ruling TR 2012/1 released 5 years ago on non-renounceable rights.

Expertise Area

A one-stop shop for the most frequently asked legal questions by in-house counsel, providing expert tips, example clauses and usage guides.