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Winding back the company presentation

Published on 05 Nov 15 by QUEENSLAND DIVISION, THE TAX INSTITUTE

This presentation covers:

  • the housekeeping - tidying up the balance sheet
  • dealing with debts - statute barred, Div 7A, commercial debt forgiveness provisions, CGT
  • liquidation - what are the key principles
  • share buy back
  • informal winding up
  • the anti avoidance provisions
  • pre CGT issues
  • timing issues
  • small business CGT considerations.

Author profile

Vanessa Priest FTI
Photo of author, Vanessa PRIEST Vanessa Priest, FTI, of SW Accountants & Advisers has more than 25 years’ experience as a tax specialist and has a particular interest in the tax and succession issues faced by privately owned enterprises and family groups. She has extensive knowledge in areas such as tax structuring, cross border issues, asset acquisitions and divestments, and tax issues arising for trusts. She has written and presented many papers for key professional associations, such as The Tax Institute, the Institute of Chartered Accountants in Australia, the Television Education Network, and Company Secretaries of Australia. Vanessa was a partner at Deloitte Private and prior to that was a partner at BDO and Crowe Horwath. Vanessa is a Chartered Accountant and has degrees in Teaching, Commerce (majoring in Accounting and Economics) and a Masters in Tax Law. She is a Fellow of the Taxation Institute of Australia, a member of Tax Discussion Group No. 14 and the Challis Group. She is currently a member of the State Council for The Tax Institute. - Current at 07 June 2024
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This was presented at 23rd National Tax Intensive Retreat .

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