Loans f rom trusts to related parties can have significant taxation implications. They need to be monitored and reviewed in terms of the potential application of Division 7A, the debt forgiveness provisions and even Part IVA. This presentation takes a practical look at the most significant issues to be aware of . Topics include:
- Division 7A: Section 109XA-XC
- debt forgiveness provisions
- interest deductibility issues
- Part IVA - potential application.