Published on 29 May 03
by VICTORIAN DIVISION, THE TAX INSTITUTE
This presentation provides a synopsis of the issues to
address and the decisions and actions you need to take in considering when and how to deal with consolidation. Topics covered include:
- client case diagnostic
--- can you consolidate?
--- do transition concessions apply?
--- will consolidating be beneficial? (past and future losses, dividend flows, restructures, step-up in basis)
--- what traps exist (capital gains, losing or reducing basis, WIP)
- how to approach a BOTE (back of the envelope) calculation
--- where are the assets?
--- how were they funded?
--- where is the value?
--- where is the tax basis?
- case studies.
Tony is a Partner in the Australian Research & Development Tax Concession practice of PricewaterhouseCoopers based in Melbourne. He is a chartered accountant with over 35 years experience in income tax.
- Current at
05 November 2010