This presentation discusses the implications if the debt forgiveness legislation that was contained in the TLAB (No 5) 1995, is reintroduced. Issues highlight in the article include: forgiveness of a commercial debt; calculation of the gross forgiven amount; calculation and application of the net forgiven amount; debt/equity swaps; debt parking; intragroup debt; partnerships; liquidations; debt waiver; and natural love and affection.
Miscellaneous
1996
Commercial debt forgiveness - the new rules
Source: South Australia
Published Date: 28 Mar 1996
Individual Session
Debt forgiveness - the proposed legislation
Author(s):
Chris Ball
Materials from this
session:
Details
- Published By: Chris Ball
- Published On:28 Mar 1996
- Took place at:Wirrina Cove Paradise Resort
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Tags
Miscellaneous
1996
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