This event, part of the Bi-Monthly Briefing series, covered Managed Investment Scheme arrangements.
Use of Managed Investment Scheme (MIS) arrangements for forestry and non-forestry agribusiness projects has seen significant growth in the last 10 years, particularly in relation to the perceived tax benefits of using these structures. However, what are the tax implications where the Responsible Entity/Manager fails or the MIS arrangement is wound up?
This event considered the tax implications for Investors/Growers where the Responsible Entity/Manager is replaced or the Scheme is restructured or wound up. The event also highlighted the surprising different tax results for forestry versus non-forestry failed MIS agribusiness projects.