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Australia Temporary Changes to Foreign Investment Framework Due to COVID-19

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a release on temporary changes to the foreign investment framework due to COVID-19.

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COVID-19: Changes to foreign investment framework

On 29 March 2020, the Treasurer announced temporary changes to the foreign investment framework to protect Australia's national interest whilst dealing with the economic implications arising from the COVID-19 (coronavirus).

The temporary changes will reduce the monetary screening threshold to $0 for all…

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