Published on 02 Jul 04
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
This case study reviews a typical consolidated SME Group in the course of:
- buying shares or assets - what is most tax/commercially
- treatment of losses, impact on existing 'loss factors' and
- funding the purchase - debt or equity?
- depreciation adjustments - not as easy as you think!
- restructure prior to sale - is tax irrelevant?
- tax sharing agreements vs tax indemnities - how do you
achieve a clean exit?
- selling shares or assets
- risk management and asset protection
- stamp duty
- the latest changes - SBT and consolidations
- preparing a consolidated return.
Sam is a Partner with Ernst & Young in Adelaide. Sam has over 20 years' experience in tax consulting, providing advice to a range of corporates and SME clients in Adelaide in areas such as transactions, restructuring and tax consolidation as well as general tax advisory services.
Sam leads EY Adelaide's Tax Reporting practice which involves providing best practice solutions to large corporates and multi nationals around managing Tax Compliance Reporting.
Until recently, Sam was a member of the TTI's State Technical Committee and is a past Chairman of that Committee.
- Current at
01 February 2016
Peter Slegers, LLB (Hons), MTax, CTA
Peter heads Cowell Clarke's tax and revenue practice group. Peter advises and acts for a wide range of public and private companies as well as for the trustees of self managed superannuation funds.
Peter’s areas of expertise include: income tax (as it impacts on business and high net worth clients); capital gains tax; goods and services tax; state taxes and superannuation law. Peter also does succession planning work and is involved in significant business restructures.
Peter is regularly involved in advising SMSF trustees on issues associated with superannuation income streams.
Peter has a master’s degree in taxation from the University of NSW – ATAX School. Peter is also a member of the Australian Institute of Company Directors and the SMSF Professionals Association of Australia Ltd.
Peter is a member of the Tax Institute’s South Australian State Council.
- Current at
19 July 2017
Tim Sandow, CTA, is the Partner in Charge of Tax at KPMG in Adelaide and has 20 years experience providing tax advice to a variety of private and large public companies as well as individuals. Tim specialises in tax consolidation, tax dispute resolution, tax effect accounting, international tax, mergers and acquisitions, resource taxation and executive remuneration. Tim is a member of The Tax Institute’s State Council.
- Current at
16 May 2014