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Demystifying the complexities of tax and the new accounting standards presentation
Published on 29 Oct 04 by VICTORIAN DIVISION, THE TAX INSTITUTE
This presentation covers the following topics:
- thin capitalisation and the de-recognition of assets
- implications for dividend payments, franking and capital management
- further confusion created by the single entity rule
- forex gains and loss tax measurement
- tax consolidation impact including M&A issues and L7 Events
- tainting of the share capital
- employee share schemes and deductibility for net cost of acquiring shares on-market.
Author profiles
Peter Collins
Peter Collins, FTI, is a Partner at PwC with 30 years experience as a specialist in global tax, assisting foreign investors structuring their Australian investments and Australian corporates expanding offshore. He works with the firm’s global tax network to develop solutions for clients and is a member of the International Tax executive, which allows him to provide a unique global perspective. - Current at 15 June 2022Anthony Klein CTA
Anthony Klein, CTA, is a Partner of PwC and has over 24 years’ professional experience as a corporate, international tax and M&A tax specialist. Anthony has held a number of senior leadership roles within PwC, including as leader of PwC’s international tax practice across the Asia Pacific region, leader of the Melbourne Corporate Tax practice and leader of the firm’s Private Client’s tax practice in Melbourne. Anthony is also the principal tax adviser to a large number of companies and he has a particular focus on the technology sector. His clients range from some of Australia’s largest multinational and publicly listed tech companies, to high growth businesses and earlier stage tech start-ups. He has assisted a number of corporate groups in the technology sector to structure their international investments, including through leading and advising upon cross-border acquisitions, international ownership and financing structures. - Updated in March 2018 by Kathy Xu for Young Tax Professionals March session - Current at 04 July 2018
This was presented at Corporate Tax Intensive: Corporate Tax Stakes .
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