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Dealing with Division 7A disasters paper

Member Price: $57.00
Non Member Price: $75.00

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Published on 23 Aug 12 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE

At this time of year we are all concerned about dealing thoroughly with Div 7A issues. This paper covers the key practical problems that have arisen and are worthwhile keeping in mind and should be considered to ensure that the past is not repeated:

These problems include:

  • How to manage when things go wrong/seeking the Commissioner’s discretion
  • UPEs
  • Accountants who inherit disasters
  • Which shareholder will be assessed?
  • Time limits: when is it too late to amend?

Author profiles

Paul Sokolowski CTA
Photo of author, Paul SOKOLOWSKI Paul Sokolowski, CTA, is a partner at Arnold Bloch Leibler, and is the national leader of the firm’s taxation practice. Paul advises clients, including high-networth individuals, large private groups and public entities in tax reviews, audits, disputes and litigation, and in domestic and international transactions. Paul is a regular speaker and writer for the Tax Institute, and other organisations and publications. He actively contributes to tax policy, legislative, technical and administrative development and debate. In March 2019, Paul won The Tax Institute’s 2019 Chartered Tax Advisor of the Year Award. - Current at 06 December 2024
Click here to expand/collapse more articles by Paul SOKOLOWSKI.
Kaitilin Lowdon ATI
Kaitilin Lowdon, ATI, is a Principal Lawyer in Sladen Legal. She acts for a diverse range of clients, including (ultra) high net wealth individuals, family offices and business enterprises. Her expertise includes advising clients on high-profile and complex tax matters, including reviews, audits and litigation, and transactions, across a wide range of taxation matters. - Current at 13 February 2026
Click here to expand/collapse more articles by Kaitilin LOWDON.

 

This was presented at 45th Western Australia State Convention .

Get a 20% discount when you buy all the items from this event.

Individual sessions

Part IVA: Where to from here?

Author(s):  Tom Thawley

Materials from this session:

Dealing with Division 7A disasters

Author(s):  Paul SOKOLOWSKI,  Kaitilin LOWDON

Materials from this session:

The ship of Theseus and other trust perplexities

Author(s):  Fiona DILLON

Materials from this session:

Taxation of trusts tug-of-war

Author(s):  Jonathan ILBERY

Materials from this session:

Superannuation - Consulting the compass

Author(s):  Sharyn LONG

Materials from this session:

Risky business: How not to get sued (and what to do if you are sued)

Author(s):  Fiona HALSEY

Materials from this session:

Successful succession planning

Author(s):  Ken SCHURGOTT

Materials from this session:

Corporate conundrums

Author(s):  Paul ABBEY,  Andrew Tran,  Matthew Budge

Materials from this session:

Philanthropy: Tax planning and sustainable giving

Author(s):  Peter DOWLING

Materials from this session:

What to look for when your client chooses to send employees to work overseas

Author(s):  Ben TRAVERS,  Dan HODGSON

Materials from this session:

Further details about this event:

 

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