Summary of how the foreign investment funds legislation could affect you

Warning:

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

End of attention

Did you have interests in a foreign company, a foreign trust or a foreign life assurance policy? (Read chapter 2 and chapter 5)

If you were a resident at any time during the year of income, did you:

• have an interest in a FIF at the end of the income year, or
• have an interest in a foreign life assurance policy (FLP) at any time during the income year?

(Read chapter 2 and chapter 5)

Does an exemption apply to your interest in a FIF or FLP? (Read chapter 3)