Superannuation fund for foreign residents - withholding tax exemption
Non-binding edited private advice. This is an edited version of private advice the ATO gave to a specific taxpayer about their own circumstances. You cannot rely on it — it is not binding and provides no protection for anyone else (see PS LA 2008/4). Use it as a guide to the ATO’s thinking, not as authority.
Are the Participating Funds, investing through the Trustee, excluded from liability to withholding tax on interest, dividend income derived in respect of its Australian investments under paragraph 128B(3)(jb) of the
Income Tax Assessment Act 1936
?