Skip to main content
shopping_cart

Your shopping cart is empty

Inheriting an international client presentation

Published on 10 Oct 13 by VICTORIAN DIVISION, THE TAX INSTITUTE

What issues do you need to watch out for when you’ve taken on a new client who has relocated to Australia? How do you treat their offshore investments? Can you improve the tax treatment of their accumulated wealth? This practical case study highlights issues such as:

  • ‘onshoring’ accumulated wealth
  • loans from offshore (yes, Div 7A can apply)
  • accruals (CFC) taxation of foreign entities’ income
  • dealing with offshore retirement savings
  • maintaining ownership of a foreign business.

This presentation also provides participants with valuable tips and traps so they can understand when Australian tax issues are likely to arise for their clients.

Author profile:

Christopher Wookey CTA
Chris is a principal in the tax consulting division of Deloitte Private in Melbourne. He has nearly 30 years' experience in the chartered accounting profession and is a member of The Tax Institute's Victorian State Technical Resource Committee as well as a regular presenter at its events. His experience, centred on issues encountered by private groups, includes advising about the tax treatment of accessing wealth accumulated in various structures such as trusts, superannuation funds and especially companies. Current at 10 May 2016 Click here to expand/collapse more articles by Chris WOOKEY.
 

This was presented at Vic 1st Annual Tax Forum.

Get a 20% discount when you buy all the items from this event.

Individual sessions

Sustainability of our tax system and the case for major reform

Author(s):  Roger BEALE

Materials from this session:

The trust bastion

Author(s):  Graeme HALPERIN

Materials from this session:







Reportable tax positions and active compliance developments

Author(s):  Judy MORRIS

Materials from this session:


Alternative dispute resolution

Author(s):  Terry MURPHY,  Judy SULLIVAN

Materials from this session:

When the tax man comes knocking

Author(s):  Ross BURNS

Materials from this session:

Division 7A - How to fix up a mess

Author(s):  Michael PARKER

Materials from this session:

Evidence: Defending you position

Author(s):  Daniel McINERNEY

Materials from this session:

M&A tax update

Author(s):  Paul ABBEY

Materials from this session:






Transfer pricing - The new landscape

Author(s):  Cameron Smith

Materials from this session:


Part IVA - The new framework

Author(s):  Sue WILLIAMSON

Materials from this session:

Further details about this event:

 

Copyright Statement