The Australian Taxation Office (ATO) has released a guide explaining the common tax implications of changes made to financial arrangements due to Inter-bank Offered Rate (IBOR) reform.
---
Inter-bank Offered Rate (IBOR) reform
Reforms to the Inter-bank Offered Rate (IBOR) may have tax implications for business where changes are made to existing financial arrangements.
Find out about the background to IBOR reform and who should use this guide