Australia - Hedging Transactions and the Foreign Tax Offset Regime
- A. Joseph
- Derivatives & Financial Instruments, 2015 (Volume 17), No 2
- 7 April 2015
The foreign income tax offset regime can have a significant impact on Australian entities hedging against fluctuations in foreign currencies. The author discusses a relevant Taxation Ruling and provides examples illustrating the application of the foreign income tax offset regime.