Australia Taxation Office Explains PAYG Withholding Obligations for Large Regulated Funds

The Australian Taxation Office June 1 issued guidance on pay as you go (PAYG) withholding obligations for large funds regulated by the Australian Prudential Regulation Authority. Topics covered include: 1) registering for PAYG withholding; 2) obtaining a tax file number declaration from the recipient to avoid withholding at the top marginal rate for recipients who don’t provide their tax file number; 3) checking for tax treaties for foreign residents; and 4) providing payment summaries to recipients. [Australia, Australian Taxation Office, 06/01/18]

Reference:
View Guidance.