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Discussion Paper - Managed Investment Trusts


Monday, 18 October 2010

Content ID:



On 7 May 2010 the Government announced it would introduce reforms to the tax arrangements for managed investment trusts (MITs), including a new system of taxation, from 1 July 2011.

The Hon Bill Shorten MP, has now released a discussion paper on the design and implementation details of the reforms. Interested parties are invited to make a submission on the discussion paper by Monday, 15 November 2010.

A further round of public consultation on exposure draft legislation and associated explanatory materials is planned for later this year. It is expected that legislation will be introduced into the Parliament in the first half of 2011.

Making a submission

Interested parties are invited to comment on the paper. While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment. Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

Closing date for submissions: Monday, 15 November 2010

Address written submissions to:
General Manager
Business Tax Division
The Treasury
Langton Crescent

Email: SBTR@treasury.gov.au

For enquiries, please call Raphael Cicchini on (02) 6263 3188 or Michael Bradshaw (02) 6263 3323.

Documents Available:

Acrobat (PDF) documents

 Acrobat (PDF)

Discussion Paper  376.79kb

Microsoft Word (RTF) documents

 Microsoft Word (RTF)

Discussion Paper  3,456.46kb

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