Assessable income derived by way of interest or capital gain will be liable to tax according to the provisions of the laws of the Commonwealth and the Australian States.
Coupon Interest Payments on Exchange-traded Treasury Bonds (eTBs) are exempt from non-resident interest withholding tax.
If an investor does not provide details of their Tax File Number (TFN) or Australian Business Number (ABN) to the Registry, tax may be deducted from Coupon Interest Payments. You will have an opportunity to provide your TFN or ABN when you invest in eTBs.
For more information regarding taxation matters, please contact the Australian Taxation Office or a tax adviser.