This presentation covers:
- background and contentious issues involving Division 250
- key concepts: lease, use, control of use of asset; financial benefits; tax preferred end user; arrangement period
- specific exclusions; short term, lower value and other arrangements
- predominant economic interest tests (4)
- special leasing issues: equipment, non-residents, sale and lease backs
- transitional operation
- transitional operation for s.51AD/Div 16D (including contingent equity arrangements).