Consultation period: 10 July to 5 August 2025
Treasury is inviting feedback on draft legislation clarifying foreign bail-in bonds’ tax treatment.
The draft legislation allows these types of bonds to be treated as debt for tax purposes, making interest payments related to the bonds tax‑deductible. This aligns with the treatment for bail-in bonds issued by Australian banks. The bonds must still meet the other requirements of the debt instrument test.
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