On Wed 12.8.2020, the ATO released a draft updated version of Practical Compliance Guideline PCG 2017/4, with a new draft a Schedule 3: dealing with interest-free loans between related parties.[PCG 2017/4DC2]

See below for details.

[Tax Month – August 2020]

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Category: Tax Month - August 2020

Author: John Morgan

John Morgan is a tax specialist lawyer of more than three decades experience now practicing at the Victorian Bar - w: www.FJMtax.com e: f.john.morgan@vicbar.com.au