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The practical view - treatment of tax losses
Published on 28 Aug 02 by VICTORIAN DIVISION, THE TAX INSTITUTE
This seminar paper discusses the transfer of unutilised losses to the head company and the utilisation of tax losses.
Author profiles
Peter Murray CTA-Life
Peter is the leader of the firm’s Tax Division. Peter was previously a Senior Tax Partner at KPMG, with 30 years’ service.
Peter specialises in tax issues impacting listed and privately owned corporate groups and managing tax disputes.
His specific areas of specialisation include corporate group reorganisations, mergers and acquisition, including domestic, inbound and outbound investment, thin captalisation and debt/equity, capital/revenue characterisation, tax consolidation, repatriation of profits, trusts, application of the general anti-avoidance rules (GAAR), and tax risk management and dispute resolution.
More recently Peter has been advising on the tax implications of investing in cryptocurrencies and initial coin offerings.
Peter has been listed in The Best Lawyers in Australia in tax law every year since 2013. He is also a recommended tax lawyer in Australia and a leading tax lawyer in Victoria in Doyle's Guide to the Legal Profession.
He is a Life Member (CTA) of The Tax Institute, Fellow of the Institute of Chartered Accountants in Australia and New Zealand and Member of the Australian Institute of Company Directors.
Peter is currently a member of the ATO General Anti Avoidance Rule (GAAR) Panel and a past President of The Tax Institute.
(Kathy updated for Tax and Innovation Day)
- Current at
24 August 2018
Michael Charles ATI
Michael is a Client Director at Pitcher Partner. He has advised multi-national, private and high wealth individuals, especially on tax consolidation and M&A in the SME sector. Michael frequently presents to professional and specialist bodies on a wide range of tax issues, is a member of the Tax Institute's Professional Development Committee (Victoria) and Victorian State Council and teaches in the Melbourne university Law School Masters’ program. - Current at 15 September 2021
This was presented at Consolidation - The Journey Continues .
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Individual sessions
Consolidations - what's changed and what's still to come
Author(s): Tony STOLAREKMaterials from this session:
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Tax sharing agreements
Author(s): Robert M. MCNAB, Terence TAN, Kris PEACHMaterials from this session:
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Valuations
Author(s): Robert M. MCNAB, Terence TAN, Kris PEACHMaterials from this session:
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Determination of the tax cost base of assets
Author(s): Jeff MayMaterials from this session:
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The practical view - treatment of tax losses
Author(s): Peter MURRAY, Michael CHARLESMaterials from this session:
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