shopping_cart

Your shopping cart is empty

The Potential Income Tax Costs of Forgiven Debt paper

Member Price: $57.00
Non Member Price: $75.00

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 17 Aug 17 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE

This paper covers:

  • introduction
  • debts subject to the rules
  • forgiveness
  • gross forgiven amount
  • net forgiven amount
  • application of net forgiven amount
  • record keeping.

Author profile

Tristan Boyd FTI
Tristan Boyd, FTI, is a Special Counsel at Herbert Smith Freehills. He has more than 15 years’ practice in corporate tax and transactional matters, with broad expertise across income tax, stamp duty and GST and a focus on the natural resources and real estate sectors. His experience includes advising on tax issues for acquisitions and divestments, financing, joint ventures, farm-ins, and treatment of expenditure. Tristan holds a Bachelor of Laws and a Bachelor of Commerce with First Class Honours from the University of Western Australia, and a Masters of Taxation from the University of New South Wales. - Current at 14 May 2024
Click here to expand/collapse more articles by Tristan Boyd.

 

This was presented at 50th Western Australia State Convention .

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

Individual sessions

Tax Administration Continuum - "The Law was Made for Man, not Man for the Law"

Author(s):  Andrew MILLS

Materials from this session:

Superannuation – Current state of affairs post 1 July 2017

Author(s):  Jemma SANDERSON

Materials from this session:

The New Small Business Restructure Rollover: The opportunities

Author(s):  Alan KRAWITZ,  Daniel Taborsky

Materials from this session:

Corporate Tax: Residency and the tax rates

Author(s):  Robert DEUTSCH

Materials from this session:

Appointors and Guardians: Getting trust deeds right

Author(s):  Grahame Young

Materials from this session:

Division 7A: Dealing with the “Here and Now”

Author(s):  Richard J FRIEND

Materials from this session:

All the things I forgot I knew about tax consolidations

Author(s):  Tracey RENS

Materials from this session:

Wealth management, part IVA and related issues – Cold trusts and hot topics

Author(s):  Peter WALMSLEY

Materials from this session:

The Potential Income Tax Costs of Forgiven Debt

Author(s):  Tristan Boyd

Materials from this session:

Bob the Builder – But is He Also a Developer?

Author(s):  Corey BEAT

Materials from this session:

Tax Dispute Resolution in the Modern Era

Author(s):  Jonathon LEEK

Materials from this session:

Further details about this event:

 

Copyright Statement