Miscellaneous 2009

Unlocking value from private companies: Ten things you might want to know but were too afraid to ask

Source: South Australia

Published Date: 7 May 2009

 

Our tax system ensures that a company is not a personal bank account or cash box to be dipped into as and when required without tax implications (whether we understand them or not). In tough economic times, the temptation is to not pay close enough attention to the tax pitfalls in accessing wealth located within a company or a corporate structure. This presentation considers ten things you might want to know about liberating wealth from companies, including:

  • can a trust make distributions of income to a company without ever transferring cash or property?
  • can a company issue a dividend access share and bypass existing shareholders in distributing funds?
  • can returns of capital be taxed as dividends?
  • can private company groups ever demerge?

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Already a Subscriber? Login now

Individual Session

Unlocking value from private companies: Ten things you might want to know but were too afraid to ask

Author(s): Paul Sokolowski CTA , Shaun Cartoon FTI

Details

  • Published By: Paul Sokolowski CTA
  • Published On:7 May 2009
  • Took place at:Novotel Barossa Valley Resort

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

Miscellaneous 2009

Share this page