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2002 IssuesVenture Capital Bills Welcomed by Australian Industry (12/12/02)The Venture Capital Bill, 2002 and the Taxation Laws Amendment (Venture Capital) Bill, 2002 were passed by the Senate with the support of both major parties. View this documentDetails of VCLP Legislation & discussion papers (14/11/02)Taxation Laws Amendment (Venture Capital) Bill 2002 and Venture Capital Bill 2002. View this documentVCLP reform and its impact on venture capital in Australia (04/04/02)Australian venture capital is being transformed by a new set of rules that overhaul the way private equity funds operate. View this document (PDF document 112kb)AASB 1020 'Income Taxes' for Private Equity (04/03/02)The introduction of Revised Accounting Standard AASB 1020 for half years ending on or after 31 December 2002 and full years ending on or after 30 June 2003 will have a significant impact on tax disclosure and tax balances for funds and investee companies in a number of areas.This is likely to affect investment funds or their investee companies. For a more detailed commentary about AASB 1020 consult your professional accounting advisers or refer to the linked document below. AVCAL ESOP Position (18/01/02)Creating World-Best Practice Taxation Treatment of Australian Employee Share Ownership Plans
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