Published on 18 Mar 05
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
This presentation covers winding up a private company from income tax, GST and stamp duty viewpoints, including:
- why liquidate? - comparison with capital return mechanisms
- dividend v capital proceeds - where do I start?
- managing available franking credits
- CGT events C2 and G1
- liquidating consolidated entities - where should you start?
- timing issues - some curious results emerge
- interaction with CGT discount and small business concessions
- stamp duty exemptions and GST issues on liquidations
- implications of various liquidation strategies.
Andrew is a partner in Cowell Clarke's Tax & Revenue practice group. As a tax and superannuation specialist with over 25 years' experience, his qualifications are in law and as a Chartered Accountant.
With a broad knowledge of corporate and business law, Andrew has specialist expertise in supporting clients with tax effective structures and tax planning. He provides tax advice across CGT, GST and stamp duty, in matters involving restructures, privatisations, asset acquisitions and disposals. Andrew also advises clients on superannuation law including structuring, allowable investments, pension and succession strategies.
Andrew actively supports the education and development of other practitioners in his field, providing both in-house and external presentations on taxation matters within South Australia and interstate. He is former chairman of The Tax Institute. Andrew's passion extends beyond law into sport. He is the current President of the South Australian Cricket Association (SACA).
- Current at
12 January 2017