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Finance assets ACA

Published on 03 Feb 03 by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA

This seminar paper looks at the calculation of ACA including foreign exchange gains and liabilites, the boundary line between retained cost base assets and reset cost base assets, allocation of ACA - derivatives, and treatment of leased assets.

Author profiles

Christopher Kinsella CTA
Chris is a tax partner based in Sydney with the law firm Holding Redlich. Chris has over 30 years’ experience advising clients in relation to tax matters, particularly early ATO engagement, ATO access powers, tax audits, tax litigation and dispute resolution. Chris has acted for clients in banking/insurance, property/infrastructure, pharma, mining/energy, manufacturing and professional services. The Holding Redlich tax controversy team represents taxpayers (and their advisors) in tax disputes in both the Federal Court and the AAT. Focus areas include anti-avoidance, transfer pricing and international tax. Notable cases that Chris has been involved with include the Chevron transfer pricing case and the Resource Capital Fund tax cases. Recent topics receiving attention from clients also include legal professional privilege, promoter penalties and the ATO’s broader attitude to tax advisers more generally. Chris is the chair of the Tax Institute’s Dispute Resolution Committee and the chair of the Number One Tax Discussion Group. Chris is accredited in dispute resolution with the NSW Law Society. - Current at 14 December 2021
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Cathy MCBRIDE
Cathy is a General Manager in the finance area of Commonwealth Bank and is responsible for co-ordinating the group's consolidation project. Prior to joining the Commonwealth Bank three years ago, Cathy worked in tax at KPMG for 12 years on a range of international and domestic clients.
Current at 29 March 2005

 

This was presented at 1st National Consolidation Symposium .

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Individual sessions

General consolidation regime key new tax concepts

Author(s):  AH (Tony) SLATER

Materials from this session:













Treasury aspects: corporate taxation - where to from here?

Author(s):  Paul MCCULLOUGH

Materials from this session:


Eligibility and SBT

Author(s):  Trevor R HUGHES

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Overview of Commercial & Technical Implications

Author(s):  Ken SPENCE

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