10 May 2023In a quick turnaround from the last, out-of-cycle, Federal Budget in October 2022, the Treasurer handed down the 2023/24 Budget on 9 May 2023.  Anti-avoidanceschemes that reduce tax paid in Australia by accessing a lower withholding tax rate on income paid to foreign residents; and schemes that achieve an Australian income tax benefit (even where the dominant purpose was to reduce foreign income tax). Head of TaxPartnerAssociate Rhys JewellHead of Tax+61 3 9672 3455+61 407 318 052 Simon MifsudPartner+61 2 9210 6197+61 412 290 530Sign up for insights