ATO Updates Guidelines on Central Management and Control Test

The Australian Taxation Office (ATO) has announced updated guidelines to give foreign companies more certainty about the compliance approach for the central management and control test of residency.

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Central management and control test of residency

Foreign companies now have greater certainty about when we might review their residency position under the central management and control test.

Practical Compliance Guideline PCG 2018/9 Central management and control test of residency: id…