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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, a tax partner with KPMG, has extensive experience advising Australian and foreign corporate groups on the Australian income tax issues associated with mergers, acquisitions, divestments, restructures and capital management strategies. Stephen is the leader of KPMG's tax practice in Melbourne. Current at 15 August 2013 Click here to expand/collapse more articles by Stephen CARPENTER.
 

This was presented at Loans to and from Entitites: Pitfalls, Problems and Planning.

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