Business Structures Part 3: Div 7A - Everything old is new again

Published on 26 Jun 2020 | Took place at Online, WA

Although Division 7A has been around for over 22 years, views on its operation are still evolving. Areas of current focus include the treatment of UPEs, loan assignments, capitalisation of unit trusts and the application of the interposed entity rules. These focus areas may give rise to key risks and issues for common transactions. This session outlined some of those issues and provide practical insights in to both the advantages and disadvantages of Division 7A for common transactions. This part also considered the management of Division 7A obligations in the context of COVID-19.