shopping_cart

Your shopping cart is empty

Case studies and suggested solutions: Tax consolidations for SME’s - What have we learned paper?

Member Price: $57.00
Non Member Price: $75.00

DisclaimerThis material is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Published on 16 Oct 09 by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE

This paper focuses on a number of critical issues that we as taxation professionals are facing when advising SME's on whether or not to consolidate:

  • should we have formed a group already? There are potentially a number of missed opportunities from not doing so
  • tax risks to be considered in structuring a tax consolidated group
  • tax consolidation as a strategy for preparing a group for a management buy-in or preparation to a sale of part of the operations
  • buying and selling assets vs shares from a consolidated group
  • non-tax issues in moving assets around a tax consolidated group for example how effective is asset protection in this situation if a member of the group is subsequently placed in liquidation?
  • CGT events and other tax consequences arising from the exit of companies. Quite often some slightly unexpected results can occur
  • giving an ‘equity' type interest in a company in the group without breaking the consolidated group.

Author profile

Timothy Sandow CTA
Tim Sandow, CTA, has over 30 years of experience as a tax professional, including 25 years in the Big 4. He provides income tax related advice to a variety of private and large public companies as well as multi-nationals. He has advised on mergers & acquisitions, tax governance, corporate tax, international tax, and employment tax issues. Tim is also the Partner leading BDO’s National Tax Risk & Ethics group. Tim is a CTA of The Tax Institute and a Chartered Accountant Fellow and the SA representative on the National Board of The Tax Institute. Tim is the current President of The Tax Institute and a regular presenter at numerous Tax Institute conferences and events. - Current at 11 December 2024
Click here to expand/collapse more articles by Tim SANDOW.

 

This was presented at South Australian Tax Intensive .

Get a 20% discount when you buy all the items from this event.

Individual sessions

Division 7A: What now? What next?

Author(s):  Andrew Noolan

Materials from this session:

Tax consolidations for SME’s - What have we learned?

Author(s):  Tim SANDOW

Materials from this session:

Appreciating the risks: And making sure our clients appreciate them too

Author(s):  Matthew TRIPODI

Materials from this session:

Further details about this event:

 

Copyright Statement