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Brief
The Foreign Acquisitions and Takeovers Fees Imposition Act 2015 is an Australian law that imposes taxes on certain foreign acquisitions and takeovers. The Act aims to raise revenue for the government while also regulating foreign investment in Australia.
The Act commenced on November 25, 2015, with provisions related to the imposition of fees and the indexation of fee caps commencing later. The law applies to various types of transactions involving foreign acquisitions and takeovers.
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