Published on 09 Oct 01
by QUEENSLAND DIVISION, THE TAX INSTITUTE
This seminar paper discusses Division 7A, with a focus on: advance of funds and payments to shareholders, advance of funds before loan documentation, interest in the first year of loan, benchmark interest rate each year, payment through interposed entities, undrawn beneficial entitlement, distributable surplus, deemed forgiven debts.
- Current at
19 November 2004