Published on 24 May 07
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
Many people anticipated that the consolidations regime would significantly simplify the disposal of subsidiaries but is this correct? This paper answers this question including:
can you achieve the clear exit?
impact of the funding agreement
CGT Event L5
impact of a claim under a Share Sale Agreement.
Justin Cherrington CTA
Justin is a partner at Malleson Stephen Jaques’ Melbourne Office where he specialises in income tax issues. He has been closely involved in all manner of tax work including corporate restructures, major acquisitions and international tax issues. Justin specialises in all aspects of corporate taxation, including dividend imputation, capital gains tax, capital distributions and employment related tax issues. Current at 23 July 2007
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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