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Commercial Debt Forgiveness

Published on 22 Aug 99 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

Topics covered include: Meaning of Commercial debt; Meaning of forgiveness; Tax adjustments resulting from forgiveness; Special rules for commonly owned companies; Practical planning issues.

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Geoffrey Dunn FTI
Geoffrey was admitted this year as a Solicitor of the NSW Supreme Court. From 1988 to 2000 Geoffrey was a Corporate Tax Partner with PricewaterhouseCoopers (PwC), and since 2001 has been engaged in a technical advisory role for that firm as a Technical Director. As part of his technical focus at PwC, Geoffrey has specialised in the debt and equity and thin capitalisation rules. - Current at 07 June 2017
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