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Hedging workshop presentation

Member Price: Free
Non Member Price: $15.00

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Published on 11 Feb 09 by NATIONAL DIVISION, THE TAX INSTITUTE

This presentation covers the application of the TOFA hedging method to hedging of net investments in foreign operations, exempt dividend income and interest rate hedges through worked examples to illustrate:

  • identification of the appropriate hedged item
  • the contemporaneous documentation required
  • how effectiveness is tested
  • what the different book and tax treatment means for the ineffective portion
  • other differences between book and tax treatment
  • what happens when things change: effectiveness, consolidation and accounting changes.

Author profile

Julian Humphrey CTA
Julian Humphrey, CTA, is a Partner of KPMG’s Banking and Finance practice with over 25 years experience. He works primarily with international banks and financial services companies operating in Australia, providing corporate income tax advisory and compliance services. Julian’s areas of expertise include the taxation of banks and bank branches, the taxation of financial arrangements and retail financial products as more recently the taxation of crypto currency and digital assets. He is a regular participant in consultation with the government on Australia’s tax reform proposals affecting the financial services sector - Current at 13 January 2023
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This was presented at Financial Services Taxation Conference 2009 .

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Individual sessions

Hedging workshop

Author(s):  Julian HUMPHREY

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TOFA and hedging

Author(s):  Mathew UMINA

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Tax issues in a bear market: Assets side

Author(s):  Allan BLAIKIE

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Tax issues in a bear market: Liabilities side presentation

Author(s):  Patrick BROUGHAN

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Profit attribution to permanent establishments and transfer pricing following the Roche case

Author(s):  Nick HOUSEMAN

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Financial services tax update

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Thin capitalisation including the impact of falling asset values

Author(s):  Paul BALKUS,  Daryl CHOO

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Developments in the administration of promoter penalties

Author(s):  Bruce COLLINS

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The capital revenue debate and the managed funds review

Author(s):  Andrew MILLS

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Managing TOFA, implementation and ongoing–Tax Office perspective

Author(s):  Ross BROOKES

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Managing TOFA, implementation and ongoing–The TOFA countdown has begun

Author(s):  Neil WARD

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Annual compliance arrangements

Author(s):  Stephen GREEN

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Superannuation update

Author(s):  Shayne CARTER

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TOFA for the clients of financial institutions

Author(s):  David LINKE

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TOFA–The international dimension

Author(s):  Tony FROST

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Walking the wire-The Australian economy in 2009

Author(s):  Michael BLYTHE

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Further details about this event:

 

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