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​Australia seeks comments on proposed amendments to incentives for fintech, innovation

( October 31, 2017, 04:01 GMT | Official Statement) -- MLex Summary: The Australian government is seeking comments on proposed amendments to clarify and improve tax incentives for angel investors and regulatory regimes for venture capital partnerships, which were announced in December 2015 as part of the A$1.1 billion National Innovation and Science Agenda. The changes are designed to ensure that investments in fintech businesses can access support under each program, and that the tax measures operate in a manner consistent with their policy intent.The minister's official statement follows and the draft amendments are attached. ...

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