Published on 10 Aug 07
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
Section 45B is not just an issue for large corporates. In fact, it has the potential to create more headaches for SME corporate restructures and demergers. This paper covers:
- what is section 45B and what it is aimed at
- when is its application likely to arise
- how does the ATO approach section 45B in the context of SMEs
- ATO private rulings experience with section 45B.
Current at 30 November 2007