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Published on 11 Oct 12
by VICTORIAN DIVISION, THE TAX INSTITUTE
When the revenue tail starts to wag the commercial dog, strange outcomes and potential dangers are inevitable. This presentation looks at some of the issues to be addressed for SME clients who want to extract money from their companies without being bitten.
Issues covered include:
debit loans (Div 7A)
credit loans (Div 974 debt–equity)
making UPEs and how to get the money out
dividends (including streaming and classes of shares)
excessive remuneration and s109
sections 45A and 45B
Tony is a Partner of Riordans Lawyers Current at 26 March 2008
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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