Published on 21 Aug 01
by QUEENSLAND DIVISION, THE TAX INSTITUTE
This seminar paper divides the nexus requirements of incurring interest expenditure and the gaining of assessable income in two parts, including: The determination of the use of the funds (including the tracing of the funds), and the required degree or connection of this determined use to any assessable income.
Hayden is Chief Tax Counsel at Macpherson Kelley, acting for corporate groups, and high net worth individuals on a range of structuring and taxation issues. He has advised on the tax consolidation rules since their introduction over 20 years ago, and has a particular focus on advising privately owned groups on restructuring to enter the tax consolidation regime, and managing the potential adverse tax consequences of doing so.
- Current at
24 November 2021