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Commercial Debt Forgiveness

Published on 10 Apr 01 by VICTORIAN DIVISION, THE TAX INSTITUTE

This powerpoint presentation discusses 'Hidden' Commercial Debts; Deemed Forgiveness of Debt; Releasing trapped losses; Cost versus Benefits of Forgiving Commercial Debts.

Author profile

Stephen Carpenter CTA
Stephen is a senior partner in KPMG’s National Deals Tax practice, specialising in mergers, acquisitions and capital markets transactions. Stephen has advised on many of the largest corporate actions in the Australian market and is responsible for the management of KPMG’s firmwide and tax relationships with many of Australia’s leading companies and private families. Stephen has held numerous leadership roles at KPMG including National Managing Partner for People and Performance and leader of KPMG’s Victorian tax practice. Stephen passions include singing and cycling, and he holds several Board level and Treasurer positions within the Melbourne arts community. - Current at 15 February 2018
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This was presented at Loans to and from Entitites: Pitfalls, Problems and Planning .

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