The Consolidation Decision for SMEs - Should I or not? presentation

Published on 10 Sep 03 by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE

This presentation covers the following issues:
- do I get an uplift in asset values?
- a preliminary look at exit rules - is there an uplift benefit on exit of subsidiary?
- accounting implications of not entering
- what happens if I don't consolidate?
-- value shifting between entities
-- loss of rollover relief for asset transfers between companies
-- losses unable to be transferred between companies
-- loss of dividend rebate
- effects of delaying the decision to consolidate
- simplified imputation - treatment of company losses.

Author profiles

Samuel Howard CTA

Sam is a Partner with Ernst & Young in Adelaide. Sam has over 20 years' experience in tax consulting, providing advice to a range of corporates and SME clients in Adelaide in areas such as transactions, restructuring and tax consolidation as well as general tax advisory services. Sam leads EY Adelaide's Tax Reporting practice which involves providing best practice solutions to large corporates and multi nationals around managing Tax Compliance Reporting. Until recently, Sam was a member of the TTI's State Technical Committee and is a past Chairman of that Committee. - Current at 01 February 2016

More by Sam HOWARD

• From concept to start-up structuring and other tax considerations paper - 05-May-2016
• Consolidations - Opportunities and traps for SME’s paper - 14-April-2011
• Tax consolidation for the generalist – What you really need to know paper - 14-March-2008
• A Consolidation Lifecycle case study - 02-July-2004
• Operating in a Consolidated World Case Study - 11-March-2004
• The Consolidation Decision for SMEs - Should I or not? seminar paper - 10-September-2003
• Simplified imputation - 03-October-2002
• Simplified imputation - 29-July-2002
• Franking - Beware of the proposed changes to the Imputation Rules - 07-February-2001
• Small business rollover relief and exemption - 12-March-1999

Click here to expand/collapse more articles by Sam HOWARD.

Sean Van Der Linden CTA

Sean is a partner at EY, specialising in corporate and international tax. Sean regularly advises clients on the buy-side or sell-side of transactions. He provides commercially focussed advice on capital gains tax, tax consolidation, financing and structuring of transactions, and tax due diligence. Sean has been a State Councillor for many years, and is a past Chair of State Council and past Chair of the Professional Development Committee for The Tax Institute. - Current at 06 January 2021

More by Sean VAN DER LINDEN

• Lost in (company) losses paper - 28-April-2021
• Member profile: Sean van der Linden - 01-February-2019
• How to make the best use of your company losses paper - 18-October-2018
• How to make the best use of your company losses paper - 03-May-2018
• Due diligence paper - 15-September-2017
• Exiting your business - Selling to a third party paper - 07-May-2015
• Demystifying consolidation for SMEs paper - 18-April-2013
• Trust loss & deduction rules paper - 08-July-2009
• Intangibles - tax tips and traps paper - 10-October-2006
• Know-how and show-how case studies - 18-February-2005
• The Consolidation Decision for SMEs - Should I or not? seminar paper - 10-September-2003

Click here to expand/collapse more articles by Sean VAN DER LINDEN.