Published on 26 Jul 07
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
This presentation is an overview of the Corporate Reconstruction provisions in each jurisdiction, including:
the policy basis for providing relief from duty on a corporate reconstruction
similarities and differences in the corporate reconstruction
provisions / guidelines across the jurisdictions
practical issues arising in administration of the provisions - ie, in applying for relief
claw-back from duty and exceptions to the claw-back (eg, what is a 'public float' and how does the legal concept compare to what is taking place in the market, eg, targeted offerings, broker offerings etc)
do Commissioners have a residual discretion not to claw-back duty in?
situations outside the stated exceptions.
Frank is a Partner in the Tax Group of Mallesons Stephen Jaques. Frank advises in relation to stamp duty Australia wide and in respect of GST and other indirect taxes. Current at 08 May 2007
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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