shopping_cart

Your shopping cart is empty

Losses update presentation

Member Price: Free
Non Member Price: $15.00

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 30 Oct 12 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

The ability of companies to preserve and utilise carry forward tax losses continues to present challenges both for taxpayers and Government Revenue.

This presentation covers:

  • current status of proposed loss carry back rules and review of loss rules recommended by Business Tax Working Group report on the tax treatment of losses
  • challenges faced by taxpayers in satisfying the “continuity of ownership” and “same business” tests
  • losses in the consolidation context, including transfers of losses to the head company of a consolidated group and available fraction calculations
  • current ATO compliance activity around loss claims.

Author profile

Kamlee Coorey CTA
Kamlee is a Tax Partner at Deloitte with over 25 years’ experience in providing commercial tax advice to Australian subsidiaries of multinationals, listed Australian corporations and large family owned organisations. She is known for distilling the application of complex legislation into an easy to understand form to help her clients address intricate tax matters. Kamlee has extensive experience in all areas of corporate taxation including structuring, acquisitions and divestments, financing and cash repatriation strategies, tax consolidations and loss recoupment testing. - Current at 15 March 2021
Click here to expand/collapse more articles by Kamlee COOREY.

 

This was presented at 2012 Corporate Tax Masterclass .

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

Individual sessions

An update on the consolidation regime

Author(s):  Jenny CLARKE,  Geoffrey YIU

Materials from this session:

BTWG and Australia in the Asian century

Author(s):  Grant WARDELL-JOHNSON

Materials from this session:

Current taxation issues in M&A

Author(s):  Joshua CARDWELL,  Andrew SHARP

Materials from this session:

Tax risk and corporate governance: The ATO's growing interest in taxpayers' self risk management

Author(s):  Glenn WILLIAMS,  Emily MARSDEN

Materials from this session:

Part IVA

Author(s):  Cory HILLIER

Materials from this session:

Can we frank that dividend?

Author(s):  Wayne PLUMMER,  Michelle HOGG

Materials from this session:

Losses update

Author(s):  Kamlee COOREY,  Andrew MARTIN

Materials from this session:

Further details about this event:

 

Copyright Statement