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Division 7A – Change is on the horizon paper

Published on 23 Jul 14 by QUEENSLAND DIVISION, THE TAX INSTITUTE

This paper covers:

  • why even have Division 7A?
  • why do we need to think about changing Division 7A?
  • what are the proposed models?
  • will we like the changes?

Author profile:

Mark Molesworth CTA
Mark is a tax partner at BDO and a member of The Tax Institute’s Large Business & International Technical Subcommittee and the Queensland State Technical Committee. He is also a member of the expert advisory panel to the Board of Taxation and The Tax Institute’s representative on the ATO’s Private Groups Stakeholder Group. Mark has many years of experience in advising taxpayers with respect to all areas of taxation, including CGT, FBT and income tax. He also provides taxation advice to other smaller accounting and legal practices in respect of their clients. Current at 04 March 2016 Click here to expand/collapse more articles by Mark MOLESWORTH.
 

This was presented at Issues Arising for Private Companies.

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