Skip to main content
shopping_cart

Your shopping cart is empty

Tax effective liquidations - How to get your money out presentation

Published on 29 Oct 13 by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE

The regulatory and legal issues covered by this presentation include:

  • deregister vs members voluntary liquidation
  • the ATO’s approach as a potential creditor
  • preparing the company for appointment of a liquidator
  • dealing with shareholder credit loan accounts
  • the ATO clearance process – what’s involved, is it a practical concern

The tax planning issues covered by this presentation include:

  • what should be done before appointment, e.g. dividends, returns of capital, release of debts
  • what action should be taken by the liquidator, e.g. in specie distribution of assets, distributionof reserves
  • Section 47 planning and strategies, e.g. different types of reserves, use of pre-CGT reserves and CGT discount/small business concessions
  • achieving insolvency – release of debts, impact on company and impact on related parties
  • stamp duty.

Author profiles:

Alistair HUTSON

Click here to expand/collapse more articles by Alistair HUTSON.
 
Tim CLIFTON

Click here to expand/collapse more articles by Tim CLIFTON.
Individual sessions

Further details about this event:

 

Copyright Statement