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Taxation & funding of the business will paper

Published on 04 May 11 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

This paper covers:

  • business overheads cover
  • revenue purpose cover
  • capital purpose cover
  • self owned
  • spouse owned
  • Continuing business owner owns policy
  • business entity owns the policy
  • bare trust owns the policy
  • superannuation fund owns policy
  • premium deduction/benefit assessibility
  • commercial debt forgiveness.

Author profile:

Jeffrey Scott

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This was presented at Estate and Business Succession Planning .

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I’m not dead yet! Powers of attorney, enduring guardians, financial management orders and guardianship orders

Author(s):  Therese CATANZARITI

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