Published on 01 Jun 12
by QUEENSLAND DIVISION, THE TAX INSTITUTE
Are your funding costs deductible? This paper coveres how to ensure they are after the Economedes  and Forrest  decisions. Can you bank on getting a franking credit?
Topics covered include:
- financing investments in shares, trusts, hybrid trust and direct assets
- treating dividends as interest payments; franking credits; redeemable preference shares
- ramifications of the Full Court’s decision in Mills v Commissioner of Taxation (re Perls V)
- dividend access shares: high or low risk planning tools? What are the issues?