Tax and Insolvency Masterclass

Published on 20 Sep 2012 | Took place at RACV Club, Melbourne, VIC

In the current economic climate directors are increasingly exposed to various risks and penalty regimes whilst practitioners are frequently called upon to advise on risk management and asset protection.

This masterclass brought togethre leading advisors from various disciplines (legal, tax, accounting, insolvency and reconstruction) to discuss the critical aspects which all directors and proactive practitioners should be aware of. The seminar was structured around the following themes:

• Warning signs – what are the warning signs of a distressed business and taking action
• Director’s obligations – what are your duties as a director and your personal exposure under the new director tax penalty regimes
• Tax Office powers – what are the key liabilities I need to be aware of? What is the ATO authorised to do?
• Governance – what is best practice? How do I safeguard the stakeholders?
• Practice Risk
• Asset Protection.