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Working out your allocable cost amount
Published on 22 Nov 02 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This seminar paper discusses how ACA works overall on joining and leaving, calculating ACA - basic case and on formation, allocating ACA to assets, and difficult issues and planning points.
Author profiles
Christopher Kinsella CTA
Chris is a tax partner based in Sydney with the law firm Holding Redlich. Chris has over 30 years’ experience advising clients in relation to tax matters, particularly early ATO engagement, ATO access powers, tax audits, tax litigation and dispute resolution. Chris has acted for clients in banking/insurance, property/infrastructure, pharma, mining/energy, manufacturing and professional services. The Holding Redlich tax controversy team represents taxpayers (and their advisors) in tax disputes in both the Federal Court and the AAT. Focus areas include anti-avoidance, transfer pricing and international tax. Notable cases that Chris has been involved with include the Chevron transfer pricing case and the Resource Capital Fund tax cases. Recent topics receiving attention from clients also include legal professional privilege, promoter penalties and the ATO’s broader attitude to tax advisers more generally. Chris is the chair of the Tax Institute’s Dispute Resolution Committee and the chair of the Number One Tax Discussion Group. Chris is accredited in dispute resolution with the NSW Law Society. - Current at 14 December 2021Geoffrey Lehmann
Born to Joy in the harsh Manchester Winter of 77, Dominic has a career that has reached far and wide through Europe, US and Asia PAC. In his role at Atlassian, Dom has responsibilities spanning 7 global R&D centres and is their in house “Team Doctor” helping them achieve scale by being ruthlessly efficient and effective, with one eye on the future. Dom helped pioneer Atlassian’s Team Playbook and has personally run hundreds of sessions with their teams globally. He has previously been the GM Program Management for a global gaming company and a Director of Deloitte. Dom is proud to work at Atlassian, the home of the most intelligent t-shirt wearers in business, as the Work Futurist. A keen traveller, Dom has traversed over 50 countries so far, but after 15 years on these shores, he calls Australia home. - Current at 12 January 2023
This was presented at Annual Terrigal Tax Intensive 2002 - 'Back to the Future' .
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Individual sessions
Taking losses into consolidation
Author(s): Joe LOMBARDO, Gary HOWARDMaterials from this session:
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New indirect value shifting rules
Author(s): Peter RILEYMaterials from this session:
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New demerger rules
Author(s): Michael BINETTERMaterials from this session:
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Working out your allocable cost amount
Author(s): Chris KINSELLA, Geoff LEHMANNMaterials from this session:
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Workshop: Value shifting
Author(s): Kelvin FITZALAN, Anne RICHARDSONMaterials from this session:
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Workshop: Consolidation (losses)
Author(s): Joe LOMBARDO, Gary HOWARDMaterials from this session:
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New Debt and Equity Rules
Author(s): Richard DUKES, Andrew STALSMaterials from this session:
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