Published on 01 Dec 06
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
This paper covers tax issues for vendors on the disposal of all or part of their business (both asset and share sales), including:
- impact of asset versus share sales
- access to various CGT discounts and concessions
- consolidations implications (ie. exit ACA calculations, etc.)
- impact of tax warranties and tax indemnities, including their potential interaction with Tax Sharing Agreements
- pre-disposal planning.
Georgina is a member of the national Revenue Law Team and Corporate Group (M&A) at Freehills. Georgina advises on all types of taxation and corporate issues. Prior to joining Freehills, Georgina worked in the tax consulting practice of a Big 4 accounting firm in Sydney. Her role involved providing structuring and pre-consolidation planning advice to clients in the insurance and asset management industry. Georgina completed a Bachelor of Laws at the University of Western Australia in 1997 and a Masters of Taxation at the University of New South Wales in 2001. Georgina is admitted as a Barrister and Solicitor of the Supreme Court of Western Australia. She joined Freehills in January 2004.
Current at 26 October 2006 Current at 20 November 2006