Imputation Shares 2012

Getting money out of SME companies

Source: Victoria

Published Date: 11 Oct 2012

 

When the revenue tail starts to wag the commercial dog, strange outcomes and potential dangers are inevitable. This presentation looks at some of the issues to be addressed for SME clients who want to extract money from their companies without being bitten.

Issues covered include:

  • debit loans (Div 7A)
  • credit loans (Div 974 debt–equity)
  • making UPEs and how to get the money out
  • share buybacks
  • capital reductions
  • dividends (including streaming and classes of shares)
  • excessive remuneration and s109
  • sections 45A and 45B
  • demergers
  • liquidations.

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Individual Session

Getting money out of SME companies

Author(s): Tony Riordan
Materials from this session:

Details

  • Published By: Tony Riordan
  • Published On:11 Oct 2012
  • Took place at:Mantra, Lorne

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