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Changes to Bankruptcy Rules presentation
Published on 25 May 07 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
Significant changes to the Bankruptcy Act will mean greater powers to trustees to claw back assets transferred to related entities and third parties. These changes will impact on asset protection strategies and wealth accumulation strategies for high net worth individuals. This presentation will focus on:
- Changes enacted by the Bankruptcy Legislation Amendment (Anti-Avoidance) Act 2006
- Changes to apply from July 2006 upon enactment of the Bankruptcy Legislation Amendment (Superannuation Contributions) Bill 2006
- Recent decisions in the area of bankruptcy and what they mean for clients
- The scope of legal professional privilege in the context of advice given by advisors on asset protection strategies
Author profile
Anastasia Tsekouras
Anastasia currently practices at the Bar in NSW, principally in areas of revenue law, equity and commercial law. After being admitted as a Solicitor in 1984, she has done a variety of commercial, financing and revenue law work. In 2002 she joined Ernst & Young following the mergerbetween Ernst & Young and former Andersen firm. Here, Anastasia worked on a number of large transactions - Acquisitions and disposals of assets, floats and company group reorganisations. - Current at 18 May 2010
This was presented at Manoeuvring the Maze: Tax Forum .
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Structuring professional practices
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Exiting a consolidated group
Author(s): Justin CHERRINGTONMaterials from this session:
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Privilege update: recent developments and current practice
Author(s): Hugh PAYNTERMaterials from this session:
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New Division 152 concessions
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IFRS - have you not dealt with it?
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Handling a tax dispute - drafting the objection and negotiating a solution
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Update on Section 8-1
Author(s): Mark FRIEZERMaterials from this session:
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Corporate reconstruction involving merger and demerger
Author(s): Wayne PLUMMERMaterials from this session:
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Effective implementation of a tax plan
Author(s): AH (Tony) SLATERMaterials from this session:
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GST update: GST current issues
Author(s): John DAVISONMaterials from this session:
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Tax consequences of employee share plans
Author(s): Anthony WATSONMaterials from this session:
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TOFA for the everyday
Author(s): Rodney FISHERMaterials from this session:
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Trust distributions update
Author(s): Andrew NoolanMaterials from this session:
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Private equity
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CGT for non-residents
Author(s): Vanessa PRIESTMaterials from this session:
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Succession planning
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Taxation implications of capital management
Author(s): Gary HOWARDMaterials from this session:
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Case studies - forex
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Structuring for Outbound Investments
Author(s): Les SZEKELYMaterials from this session:
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Recent Developments in International Tax
Author(s): Lee BURNSMaterials from this session:
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New CGT Rules for Non-Residents and Temporary Residents
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The Operation of the GST Anti-Avoidance Provisions Following the Decision in VCE
Author(s): Mark L ROBERTSONMaterials from this session:
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Superannuation Update – Current Issues in the Contributions Phase
Author(s): Hugh TAYLORMaterials from this session:
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Litigating with the ATO – What You Need to Know
Author(s): David RUSSELLMaterials from this session:
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Applying for and Obtaining a Private Binding Ruling – Key Tips
Author(s): Frank O'LOUGHLINMaterials from this session:
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Superannuation Update – Current Issues in the Pensions Phase
Author(s): Graeme COLLEYMaterials from this session:
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Do You Have the Appropriate and Right Documents?
Author(s): Sue WILLIAMSON, Rebecca SAINTMaterials from this session:
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Changes to Bankruptcy Rules
Author(s): Anastasia TSEKOUROSMaterials from this session:
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Superannuation Developments for Corporates
Author(s): Robert DEUTSCHMaterials from this session:
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Applications to the AAT for review of an objection decision
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Contractor vs Employee - What are the Hidden Issues?
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Withholding Tax and the Consequences of Failure to Withhold
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Self assessment post ROSA
Author(s): Peter WHITE, Michael WALPOLEMaterials from this session:
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Remuneration plans
Author(s): Gary FITTONMaterials from this session:
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Tax aspects of exploiting IP
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Tax audits
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TOFA for corporates - practical aspects and action plan
Author(s): Chris KINSELLA, Gavin MARJORAMMaterials from this session:
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