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Division 7A: Hotspots with common structures and strategies presentation
Published on 11 Oct 12 by VICTORIAN DIVISION, THE TAX INSTITUTE
With the ATO blowtorch squarely aimed at Div 7A, this presentation turns the heat up on Div 7A issues arising from common structures and strategies post 16 December 2009, together with possible ways of dealing with them.
Issues to be examined include:
- Multi-layered entities, creating multiple Div 7A problems
- Loans and payments through interposed entities
- Strategies to deal with UPEs, including transferring receivables
- UPEs becoming loans because of the trust deed
- Non-resident companies and/or shareholders
- The use of property – when and how to value it?
- The use of guarantees, security and subrogating rights to UPEs.
Author profile
Paul Hockridge CTA
Paul Hockridge, CTA, is the Principal of Hockridge Advisory. He has worked for the ATO, a large law firm, has been a partner in medium and Big 4 chartered accounting firms and has over 30 years’ experience in tax, asset protection, estate and succession planning. Paul’s niches include litigation support, property development and FBT and salary packaging. Paul specialises in advising high wealth families and closely held businesses, as well as providing support for a number of accounting and law firms. Paul maintains a practicing certificate as a legal practitioner in Victoria, is a fellow of Chartered Accountants Australian and New Zealand, is senior fellow and teaches in the Masters program in the Law School at the University of Melbourne and is a chartered tax adviser. He sits on The Tax Institute’s FBT and Employment Taxes Committee and was an original contributor to The Tax Institute’s book, Estate and Business Succession Planning. Perhaps Paul is best known as a regular presenter at local, State and National Tax Institute conferences.
- Current at
10 December 2024
This was presented at 51st Victorian State Convention .
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