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Protection for MIS investors; taxpayers foot the bill?

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I’m not sure if this covers future investors as well as the ones that got caught but it seems to me that the poor old taxpayer is paying twice …!
The Assistant Treasurer, Senator Nick Sherry, has today released for public consultation draft legislation to change a key tax rule for forestry managed investment schemes (MIS) that will protect investors in recently collapsed schemes. Read more HERE
Cathran

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