Commentary

D7.545 Gains from venture capital investment partnerships ('VCIPs')

Corporate tax
Corporate tax | Commentary

D7.545 Gains from venture capital investment partnerships ('VCIPs')

Corporate tax | Commentary

D7.545 Gains from venture capital investment partnerships ('VCIPs')

The rules in this division apply for accounting periods beginning before 1 January 2013. For accounting periods beginning on or after 1 January 2013 see Division D7.4.

Historically the gains accruing to a life insurer on its holdings in venture capital investment partnerships ('VCIP') were calculated in the same way as any gains on partnerships1. It was often difficult to calculate these gains, because they were dependent on information in accounts that were either slow in production or not always readily available particularly if the partnership operated overseas. These difficulties were recognised

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