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Notes Online Home 2025 Tax Schools Day 2 What's new in 2025 for business
ATO rulings unveil alarming traps with private company guarantees
This article discusses the ATO rulings which unveil alarmping traps with private company guarantess more specifically:
- Background to S. 109U
- ATO releases TA 2024/2 to highlight its concerns with certain 'bank loan guarantee arrangements'
- The ATO's compliance approach to this issue
- dealing with bank guarantees going forward