47th South Australian Convention

Published on 01 May 2014 | Took place at Novotel Barossa Valley Resort, SA

The 12 months between the 2013 and 2014 conventions are shaping up as one of the most turbulent periods in taxation for more than a decade. The year has seen the election of a new federal government (and a state election is to be held in March 2014), changes of prime ministers, federal and state treasurers, and general uncertainty as to what lies ahead.

The intention of the 2014 convention was to remove the uncertainty associated with current taxation policy to reveal the precise position of taxation in Australia. The balance of the program was designed to look below the surface to reveal opportunities available for tax practitioners to maximise the benefits for their clients.

The SME stream investigated, in depth, a myriad of issues facing small to medium-size businesses as they approach the end of the financial year, with an emphasis on the opportunities for your clients. The second session was a more intimate discussion on the complexities of establishing a business overseas, including references to financing, transfer pricing and thin capitalisation. While generally targeted at the corporate end of town, the discussion will also focused on the impact on the SME taxpayer.