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  • Exemption from the FIF rules for income earned from managing funds



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    New legislation has changed the FIF rules with application from 1 July 2003. The changes include a measure to exclude from the operation of FIF rules certain investments in FIFs that primarily engage in the active management of funds. Previously, the FIF rules required taxpayers to attribute amounts in respect of such investments in the current year.

    For more information, phone the Business Tax Reform Infoline on 13 28 66.

    Last modified: 27 May 2005QC 17512