Structuring and restructuring the expanding business presentation

Published on 08 Nov 12 by NATIONAL DIVISION, THE TAX INSTITUTE

Microbusinesses grow into small businesses, which in turn expand into large businesses and, with a touch of luck and good management will become very large businesses. This presentation is about keeping pace with the tax and commercial structures appropriate for the growing enterprise. Common examples of inflexible and inappropriate structures as the business grows will be examined.

The presentation focuses on:

• restructuring to better suit the owners’ changing circumstances
• the income tax and GST implications of restructuring
• creating better structures using CGT rollovers exemptions and demergers
• transaction costs including stamp duty and GST
• dealing with problem assets (know-how and WIP)
• consideration of Part IVA.

Author profile

Gilson Levy CTA-Life

Gil is a Principal of MGI Sydney. With over 40 years’ experience in tax consulting he specialises in providing advice to both clients and other practitioners in the SME segment, particularly on the CGT issues associated with mergers and acquisitions. Gil is a past President of The Tax Institute and current President of the Asia Oceania Tax Consultants Association. - Current at 06 August 2012

More by Gil LEVY

• Trading stock - Do you roll out the barrel or the bottle? paper - 23-May-2013
• Structuring and restructuring the expanding business paper - 08-November-2012
• Division 7A update - 30 June 2008 is “drop dead date” paper - 27-May-2008
• Division 7A update paper - 24-May-2007
• The Importance of the Relationship between the Tax Collector and the Tax Agent. - 01-April-2006
• Choosing an entity convention paper - 06-March-2004
• Issues & Agendas - 01-March-2004
• Issues & Agendas - 01-February-2004
• President's Report from the 2003 Annual Report - 31-December-2003
• Issues & Agendas - 01-December-2003
• Issues & Agendas - 01-November-2003
• Issues & Agendas - 01-October-2003
• Issues & Agendas - 01-September-2003
• Issues & Agendas - 01-August-2003
• Issues & Agendas - 01-July-2003
• Issues & Agendas - 01-June-2003
• Business Structures for SMEs seminar paper - 16-May-2003
• Income Splitting through Contractor Entities seminar paper - 02-May-2003
• Issues & Agendas - 01-May-2003
• Issues and Agendas - 01-April-2003
• Income Alienation - Reviewing the Big Picture seminar paper - 27-March-2003
• Choosing a structure - 18-September-2002
• Imputation Credits - 29-August-2001
• Private Business Structures - 18-May-2001
• Most Frequently asked Questions on CGT and Small Business - 03-November-2000
• Choosing a structure post Ralph- 10 most frequently asked questions - 25-May-2000
• Choosing a structure post Ralph - 21-March-2000
• Salary packaging under A New Tax System and recent developments - 07-May-1999
• Tax-advantaged investments - 29-May-1998
• Employee remuneration - 13-November-1997
• What vehicles can be used? - 14-August-1996

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