Reforms to taxation of Public Private Partnerships: Contact for media comment
16 August 2007
The Minister for Revenue and Assistant Treasurer, Peter Dutton, is expected to today introduce into Federal Parliament changes to the Income Tax Assessment Act relating to the taxation of Public Private Partnerships (PPPs).
If passed, the changes to Division 250 and repeal of Section 51AD of the Act improving the tax treatment of PPPs for private entities are likely to boost the attractiveness of PPPs to business. This may reduce the costs of building new community infrastructure when PPPs are involved.
Charles Armitage, Leighton O'Brien and Phillip Cornwell, partners from leading law firm Allens Arthur Robinson are available for comment on the ramifications of the Division 250 changes for:
- tax experts
- project financiers
- infrastructure developers
- anyone looking to build, own, operate or finance infrastructure.
- David McCluneDirector - Marketing & Client Services,
Ph: +61 3 9613 8965
Notes for editors.
Allens Arthur Robinson has staff in 14 cities and eight countries across the Asia Pacific.