ATO Publishes Discussion Paper on Tax implications of Inter-Bank Offered Rate Reform

The Australian Taxation Office (ATO) has published a discussion paper for consultation on the tax implications of inter-bank offered rate reform. Comments are due by 10 September 2021.
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Purpose and status of this discussion paper
The purpose of this paper is to facilitate consultation between the Australian Taxation Office (ATO) and the community as part of the process of developing advice on the application of the tax law.
This paper is prepared solely for the purpose of obtaining c…