CBDT clarifies Principal Purpose Test under the Mauritius-India tax treaty
Corporate social responsibility
05 February 2025
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Iress (IRE.ASX) today announces it has entered into a binding share sale and purchase agreement to divest its Superannuation business to Apex Group Ltd. (“Apex Group”) (Transaction). Apex Group is a global financial services provider. The decision to divest the Superannuation business follows a strategic review as part of the company’s transformation program which determined that while Iress sees opportunities within its Wealth business to continue delivering software to superannuation funds, it was not the natural owner of a regulated superannuation services provider.
