Provides foreign investors with a flow-through tax incentive (exemption from capital gains tax for gains made on eligible investments) to stimulate their investment in Australia’s venture capital sector.
Who can apply:
At a minimum, you must:
- be a limited partnership or an incorporated limited partnership
- be established in Australia or in a country with which Australia has a double tax agreement
- have at least $10 million committed capital
- have a partnership agreement that ensures the partnership will exist for between five and 15 years.
Other eligibility requirements apply.