This webinar covers the tax impact of winding-up companies and highlights the taxing points for companies (upon the realisation of assets under a liquidation), as well as the income tax and capital gains tax (CGT) consequences for shareholders (upon receipt of a liquidator’s distribution and/or cancelation of the company’s shares). The goods and services tax (GST) and duty consequences are also covered.
Webinar Learning Outcomes:
The practical issues associated with the vesting of discretionary and fixed trusts, along with the related income tax and CGT impact of winding-up these entities.
Duty and GST are also covered.
Meaningful worked examples are provided to reinforce the technical detail.
Accounting, Taxation and Legal Professionals at all levels that require a working knowledge of the tax impact of winding-up entities.
Crowe Horwath is the largest provider of practical accounting, audit, tax, business and financial advice to individuals and businesses from a network of over 80 offices throughout the country. The firm’s team of 300 Principals (approx.) and professionals deliver a full range of accounting including, audit and taxation, business advisory, corporate finance and wealth management services from offices in the cities of Sydney, Melbourne, Brisbane, Canberra, Perth, Auckland, Wellington and major regional centers in Australia and New Zealand.
You will be provided with:
• PowerPoint presentation slide deck
• Supporting documentation
• Webinar Recording to view multiple times for up to 6 months
• An opportunity to ask questions to the presenter
The tax issues associated with winding-up companies and are varied and can be complex, it is critical to ensure these are properly addressed.