Investment in infrastructure is critical for maintaining living standards and creating the conditions in which our economy can continue to grow. Governments in Australia are increasingly looking to the private sector to develop and maintain roads, ports, pipelines, power and other essential infrastructure assets. The recent releases of a Tax Framework Document and Tax Alert on staples means there is much to debate.
This event covered many issues that are relevant to our industry, including privatisation issues, debt/equity rules/Div 855/Div 6C interaction, applying anti-avoidance rules to staples, social infrastructure update, gifted assets and valuation.