Published on 18 Nov 05
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This paper covers:
- the ATO's position
- application of section 45B
- special dividend
- capital return/reduction
- on-market buy-back
- off-market buy-back
- demergers (including stapling)
- when interest deductions will be allowed.
This paper was also presented at the Capital Management Strategies seminar held in Perth on 9 March 2006.
Mark is a Director at the Sydney office of Greenwoods & Freehills. His expertise covers all areas of taxation, in particular providing advice on taxation law (capital gains tax, international taxation issues and GST) as it applies to corporations. Mark's extensive experience includes providing advice on the taxation affairs of banks, international taxation issues, restructuring of international and domestic corporate groups, mergers and acquisitions, leveraged and cross-border leasing, and other tax-based financial transactions.
- Current at
31 January 2006
Tim is a Director of Greenwoods & Herbert Smith Freehills, based in the Sydney office. He advises clients on a wide range of income tax matters, including mergers and acquisitions, capital management, cross-border dealings, market value issues, audits and tax litigation.
- Current at
25 September 2017