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Addressing Losses in the Context of Buying or Selling a Company or Company Group
Published on 27 Nov 03 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
Topics covered in this seminar paper include:
- Impact in M & A transactions
- Are you buying additional undisclosed liabilities?
- Is it beneficial to clean up a company group before sale?
- Impact of Consolidations Regime on the sale contract
- Is loss trafficking likely to be a phoenix?
- Likely impact of Part IVA
Author profile
Anthony Stolarek
Tony engages with Australia's federal and state governments, Treasury and Taxation Office on tax policy and tax administration, through the EY Australia Tax Centre for Excellence. In his EY role and membership of the Institute of Chartered Accountants in Australia tax technical committee, he is heavily involved in submissions to government and the ATO on policy proposals, changes in the tax system and improving its administration and interpretation. Tony is an ICAA representative on the ATO National Tax Liaison Committee and various subcommittees and a member of the Law Council of Australia Business Law tax committee. He is also involved in the EY global Tax Policy Services network which has had significant focus on Base Erosion and Profit shifting in the last year. Tony is a member of the Treasury Special Reference Group relating to its scoping paper dealing with the Risks to Sustainability of the Corporate Tax Base.
- Current at
14 August 2013
This was presented at Don't Burn Your Losses - 2003 NSW Annual Intensive Retreat .
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Individual sessions
Use of or Transfer of Losses (Non-Consolidation)
Author(s): Mark FERRIERMaterials from this session:
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Losses & Trusts - Private
Author(s): Robert GORDONMaterials from this session:
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Position of Losses in Australian Tax History
Author(s): Graeme S COOPERMaterials from this session:
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Stand Alone Companies - Continuity of Ownership Test
Author(s): Adam GIBBSMaterials from this session:
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Stand Alone Companies - Same Business Test
Author(s): Christopher CATTMaterials from this session:
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Some Aspects of the ATO Position in Relation to Losses
Author(s): Michael BERSTENMaterials from this session:
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Deducting Losses within a Consolidated Group - Div 707c
Author(s): David IRELANDMaterials from this session:
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Addressing Losses when Buying or Selling a Company
Author(s): Tony STOLAREKMaterials from this session:
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