Debt Forgiveness – Is it still tax-effective?
Published on 21 Mar 2011
| Took place at InterContinental Adelaide, Adelaide, SA
Releasing, assigning and capitalising debts are common strategies within private and corporate groups. This event highlighted the applicable tax laws, risks and opportunities associated with such transactions. Case studies were used to demonstrate how the applicable rules are applied and can be managed.
- commercial debt forgiveness rules
- bad debts
- capital losses
- non-resident lenders
- solvent and insolvent companies
- assignment of debts
- capitalisation of debts
- stamp duty.