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ARFP members warned of future tax troubles

Bernadette Tio
Australia has been a cheerleader for the upcoming passporting scheme, but industry players have claimed the country's taxation arrangements represent the biggest hurdle to its successful implementation.
ARFP members warned of future tax troubles

The Asia Region Funds Passport (ARFP) scheme will not succeed unless issues around higher taxes in some of the member nations are resolved, according to fund industry experts.

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