Search Results | Showing 1 - 10 of 11 results for "TOFA" |
| | | ... efficient, core fixed income building block for diversifications, while providing better tax outcomes by electing to implement TOFA hedging - a specialised structure that aims to deliver more efficient after-tax outcomes and smoother cash distribution ... |
| | | | ... "Unlike most global listed infrastructure and global listed property funds, VanEck adopts Taxation of Financial Arrangements (ToFA) currency hedging rules," VanEck said. "The rules enable smooth income to be maintained over time. VanEck's tax strategy ... |
| | | | ... amend the debt/equity tax rules; the 2016-17 Budget measure that proposed changing the taxation of financial arrangements (TOFA) rules; and proposed changes to the taxation of asset-backed financing arrangements. It has also scrapped the idea of a new ... |
| | | | ... will be increased focus on withholding tax (WHT) for newly proposed investment structures and tax on financial arrangements (TOFA). Under operations, the proposed CHESS replacement, improvements in the standardisation of processing of discount securities ... |
| | | | ... also noted that the likelihood of currency hedging losses is more limited given the fund's Taxation of Financial Agreement (TOFA) election. Arian Neiron, managing director, VanEck Australia, said, "We are pleased to receive a 'Recommended Index' rating ... |
| | | | ... corresponding period "benefitted from a $15 million reduction in tax expenses in relation to the [Taxation of Financial Arrangements] TOFA. "Excluding the TOFA benefit, normalized net profit after tax would have increased by 4.3%, Challenger said. Total ... |
| | | | ... leveraging the global solutions to tailor to the local market to meet local requirements, for example the solutions we have around TOFA [Taxation of Financial Arrangements]. "Everybody knows funds are under constant pressures and looking to see how they ... |
| | | | ... seven major institutional clients including Macquarie Bank and Vanguard, he said. When Taxation of Financial Arrangements (TOFA) became law in July 2010, it caused a major headache for those on old platforms, he said, as legacy system vendors had to ... |
| | | | Suncorp Life now supports the new Taxation of Financial Arrangements (TOFA) through its administration platform, HiPortfolio. HiPortfolio is TOFA-ready, following its recent multi-million dollar project completed in conjunction with the DST GS Advanced ... |
| | | | ... Morgan operation. ANZ sold its custody business to J.P. Morgan in November last year. The Taxation of Financial Arrangements (TOFA), which comes into effect from July this year, is also expected to create more demand for custody services in Australia ... |
|