Conduit Foreign Income (CFI) Regime
Do you know you can receive a dividend withholding tax exemption for unfranked distributions to non-resident shareholders of Australian companies?
The underlying policy of the CFI regime is to improve Australia’s status as a location for regional holding companies of foreigners. For example, foreign income derived through overseas branches can flow though the Australian companies without incurring any Australian tax to the non-resident shareholders.
Want more tax tips? Follow us @batescosgraveCA
Do you know you can receive a dividend withholding tax exemption for unfranked distributions to non-resident shareholders of Australian companies?
The underlying policy of the CFI regime is to improve Australia’s status as a location for regional holding companies of foreigners. For example, foreign income derived through overseas branches can flow though the Australian companies without incurring any Australian tax to the non-resident shareholders.
Want more tax tips? Follow us @batescosgraveCA
