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Division 7A and debt forgiveness paper

Published on 25 Mar 15 by VICTORIAN DIVISION, THE TAX INSTITUTE

This paper covers:

  • forgiveness - it is broader than you think
  • death of the debtor
  • inheriting an old Division 7A problem
  • UPEs and forgiveness.

Author profile

Robert Warnock CTA
Rob is a Principal Lawyer at Harwood Andrews, Victoria’s largest firm with a head office based in a regional centre. Rob has over 30 years’ experience in tax advising. Rob helps accountants, businesses and individuals on matters with his areas of practice including trusts, state and federal taxes, tax disputes, business structuring and asset protection. - Current at 29 January 2021
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This was presented at Division 7A Masterclass .

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Division 7A masterclass the problem child

Author(s):  Michael PARKER

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