Published on 08 May 09
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Maximising tax benefits can be difficult when times are tough. Maintaining a strong balance sheet and cash-flow will become a significant focus for many businesses. This paper addresses common tax issues encountered when undertaking internal re-structuring, including:
- preserving tax losses and relevant provisions applying to companies and trusts
- debt forgiveness issues in strengthening the balance sheet
- tax implications associated with impairment of assets
- realising losses - revenue vs capital.
Adrian is a Principal in the Tax Services division of Deloitte in Adelaide and has over 13 years experience in providing expert taxation and business advice to medium and large private and public enterprises. Adrian is responsible for managing the income tax affairs for large corporate groups and advising on commercial and technical issues, particularly in the areas of mergers and acquisitions, and in the energy & resources and real estate industries.
- Current at
05 June 2009