- There are a number of important tax measures which have been announced but not enacted, and which are relevant to M&A transactions. Some of these proposed changes, if enacted, would take effect from the date of announcement.
- While some of these measures will likely re-appear when Parliament resumes sitting, hopefully the Abbott Government will clarify as soon as possible which measures it intends to enact.
There are currently over 70 proposed tax changes which have been announced but have not yet been enacted. Set out below is a short list of these measures that are relevant to M&A which have been announced (some of which, if enacted, would take effect from the date of announcement).
It is hoped that the Government will shortly confirm which of these measures it will enact.
Click here to view table.