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Commercial Debt Forgiveness

Published on 12 Feb 01 by QUEENSLAND DIVISION, THE TAX INSTITUTE

Topics covered in this paper include:
- 'Hidden' Commercial debts
- Deemed Forgiveness of Debt
- Releasing 'Trapped' Losses
- Costs v Benefits of Forgiving Commercial Debts

Author profile:

James PETERSON
James is a partner with Blake Dawson Waldron. He has extensive experience in revenue law and provides tax advice to a broad range of public and private corporations. He has spoken at conferences and seminars conducted by the Queensland Law Society as well as The Taxation Institute of Australia and the Australian Society of CPAs. James is a member of the Taxation Institute of Australia's State Council and Membership Committee.
Current at 4 June 2004
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This was presented at Entity Taxation / Loans Seminar.

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