Corporate conundrums paper

Published on 23 Aug 12 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE

This paper focuses on using a company as a vehicle to carry on a business. It will consist of a broad discussion on a selection of tax issues associated with companies in the private client space – framed over the life cycle of a company.

Topics covered include:

• why choose a company? Issues with mergers and demergers
• flexible company structuring
• getting capital out of a company – capital returns and share buybacks
• compliance/planning
• tax and accounting consequences of changes to the Corporations Law
• definition of a dividend
• hybrid instruments
• share capital tainting.

Author profiles

Matthew Budge

Matthew is a partner in PwC’s Financial Advisory team and has over 18 years experience in providing tax advice to Australian and multinational companies. Matt has a very broad range of experience in diverse industries, having worked on transactions in the Perth, Melbourne and Sydney markets serviced by PwC. Matt focuses on assisting clients through transformative transactions involving major acquisitions, restructures, refinancing and investments into significant infrastructure. Matt is a member of the tax and regulatory committee for the Association of Mining and Exploration Companies in Australia, and a Director of Alzheimer’s WA. - Current at 26 June 2019

More by Matthew Budge

• Buying or selling land rich entities paper - 22-August-2019
• Tax mix reform : how do you deliver a GST increase? - 05-February-2016
• Value Shifting: Navigating the minefield paper - 01-December-2015
• The financing challenge in Western Australia paper - 21-January-2014

Click here to expand/collapse more articles by Matthew Budge.

Paul Abbey

Paul is a Partner in the Corporate Tax group of PwC in Melbourne and has over 30 years experience advising local and international clients on income tax issues. - Current at 29 May 2019

More by Paul ABBEY

• The seduction of debt in an infrastructure context paper - 16-May-2019
• M&A in financial services paper - 07-February-2018
• Enter the dragon paper - 25-October-2010
• Executing transactions: Recent developments in M&A paper - 07-October-2010
• Same business test Draft Ruling: will groups pass or fail? - 07-April-2006
• Capital management issues: returns and buybacks; hybrid securities; IFRS. - 13-December-2005
• Proposed loss recoupment legislation: points of note for affected companies. - 04-August-2005
• Income tax consolidation: Issues arising from the acquisition and disposal of subsidiary companies convention paper - 10-September-2004
• Issues arising from the acquisition and disposal of subsidiary companies seminar paper - 09-July-2004
• Aspects of the Debt and Equity Tests - 01-June-2004
• Corporate Restructuring - Leading the field to the starter's gate seminar paper - 02-May-2003
• Tax losses - available fractions - 03-February-2003
• Consolidations - losses - 21-June-2002
• Tax value method - 14-March-2002
• The impact of tax reform on the financing decisions - 08-November-2001
• Workshop one: consolidations - cost base allocations - 23-February-2001
• Option 2: Observations on Option 2 - 01-October-2000
• Option 2: Observations on Option 2 - 01-October-2000
• Scrip-for-scrip roll-over workshop - 20-June-2000
• Corporate Distributions Workshop - 27-October-1999
• Corporate distributions: workshop questions and notes - 27-October-1999
• Taxation consequences of Corporate Law Simplification - 01-September-1998
• Trust loss provisions and family trust elections - 05-August-1998
• Losses and New Anti-Avoidance Rules - 19-November-1997
• Break out - IIA : Losses and new anti-avoidance rules - 19-November-1997
• Debt forgiveness - 12-September-1996

Click here to expand/collapse more articles by Paul ABBEY.

Andrew Tran

Andrew is a Manager at PwC.

More by Andrew Tran

• The financing challenge in Western Australia paper - 21-January-2014

Click here to expand/collapse more articles by Andrew Tran.