Identifying the proper taxation treatment of loans and other types of financial arrangements is one of the most challenging areas of taxation practice. Over the years, this area of law has been the subject of a constant barrage of legislative amendments. In particular, the recent Taxation of Financial Arrangements reforms have resulted in the introduction of a number of revolutionary and highly complex taxation regimes. Keeping abreast of the many developments in this area of law is crucial for all tax practitioners.
These seminar materials aim to provide a comprehensive overview of the key taxation rules that affect loans and other common forms of financial arrangements. They examine the fundamental legal principles relating to these transactions and they focus on the practical operation of the main legislative regimes that operate in this area.