The Australian government on Wednesday said it was considering tax exemptions for sovereign wealth funds that have passive investments in Australian assets.
Commenting on a paper discussing the options on tax, Assistant Treasurer Bill Shorten said funds invested in Australia by foreign government investment bodies amounted to around A$65 billion.
Commenting on a paper discussing the options on tax, Assistant Treasurer Bill Shorten said funds invested in Australia by foreign government investment bodies amounted to around A$65 billion.