Foreign pension funds to get access to MIT withholding tax regime: law to be amended [65]
The Assistant Treasurer on Wed 13.2.2013, announced the Government would [introduce Bills to] amend the income tax law to ensure foreign pension funds can access the Managed Investment Trust (MIT) withholding tax regime. This amendment will apply from the start of the withholding tax regime, 1 July 2008. “The amendment will ensure that the law better aligns…