Consolidation presentation

Published on 14 Oct 05 by TASMANIAN DIVISION, THE TAX INSTITUTE

The complexity of consolidation remains a critical issue for small business tax practitioners, however advisers are obliged to ensure that their SME clients have information to make informed decisions about consolidation. This presentation examines the issues going forward and provides guidance on the steps to undertake in entering the consolidation regime and the lessons learned from those who have elected to consolidate, including:

• what it means after the transition
• CGT events
• tax sharing agreements and risks
• due diligence issues
• planning opportunities
• traps and tips.

Author profile

Michael Selth CTA

Michael is a Partner at Grant Thornton and has more than 35 years experience in delivering specialized taxation advice to public and private clients across a wide range of industries. He has assisted many SME entities with their offshore expansions and taken them through the stages of planning, structuring off-shore entities, establishment of entities, transfers of operations and rights to related party entities and follow up recognisance to ensure on-going compliance with Australian and overseas tax authorities rules and requirements. - Current at 16 November 2012

More by Michael SELTH

• Taking an SME international paper - 13-March-2013
• The new transfer pricing rule paper - 11-October-2012
• Restructuring for SMEs case studies - 05-October-2006
• Consolidation paper - 14-October-2005
• Inbound investment paper - 31-May-2005
• Applying the principles to exotic instruments seminar paper - 12-June-2003
• Tax incentives - where to now? - 12-September-1996

Click here to expand/collapse more articles by Michael SELTH.