Your shopping cart is empty
Getting value out of companies - Part 1 paper
Published on 27 Aug 09 by NATIONAL DIVISION, THE TAX INSTITUTE
This paper deals with a number of tax efficient strategies adapted to extract money from companies. The paper covers principles in each case, the practicalities, what the ATO has had to say to date and the likely areas of focus by the ATO, both today and in the future. Topics covered include:
- getting money out of cash box companies, dividends, super, termination payments, bonuses, retainers, consulting fees, liquidation
- accessing the cash before it goes into a corporate beneficiary - via an interposed trust;
- loans by companies to and out of limited partnerships;
- acquiring wasting assets in companies with retained earnings;
- treatment of franked dividends to non-residents (via discretionary trusts);
- dividends to companies with negative net assets (via discretionary trusts);
- dividends to negatively geared shareholders;
- passing shares to the trustee of a testamentary trust;
- converting 7-year loans to 25-year Div 7A complying loans; and
- franked dividend to shareholder who makes super contributions.
Author profile
Paul Hockridge CTA

This was presented at 17th National Tax Intensive Retreat: Extracting Value .
Get a 20% discount when you buy all the items from this event.
Individual sessions
Recent developments relating to discretionary trusts - getting money out of trusts against the wishes of the trustee & appointor
Author(s): Lisa HESPEMaterials from this session:
-
insert_drive_file
Getting value out of companies - Part 1
Author(s): Paul HOCKRIDGEMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Getting value out of companies – Part 2
Author(s): David MARSCHKEMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Voluntary liquidation – Getting the money & assets out of a company
Author(s): Michael BUTLERMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Offshore wealth - Accessing money overseas
Author(s): Chris WOOKEYMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
The trust has served its purpose - Now let’s get the money out
Author(s): Ken SCHURGOTTMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
The trust has served its purpose: Now what can we do with it?
Author(s): Grahame YoungMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Further details about this event:
Copyright Statement