Provides venture capital limited partnerships (VCLPs) with a flow-through tax incentive (exemption from capital gains tax for gains made on eligible investments) for foreign investors to stimulate Australia’s venture capital sector by attracting foreign investors.
Who can apply:
At a minimum, you must:
- be either a limited partnership or an incorporated limited partnership
- be established in Australia or in a country that has a double tax agreement with Australia
- have at least $10 million committed capital.
Other eligibility requirements may apply.