22 Qualifying Companies - The tax rules you should know (Webinar Recording)
excl. GST - Broadcast Date: 9 August 2022
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Product Description
Although the qualifying company regime was superseded by the look-through company regime on 1 April 2011, qualifying companies existing at that date continue to operate under the regime.
To remain a qualifying company, it is necessary to satisfy a number of requirements. Special rules apply to dividends from qualifying companies that determine the extent to which the dividend is taxable or tax-exempt.
This webinar will examine
• the requirements a company must continue to satisfy to remain a qualifying company
• the special rules that apply to dividends paid by qualifying companies
• income tax issues that arise when a qualifying company is wound up
Upon satisfactory completion of this activity you will:
• Be aware of the shareholding and election requirements that need to be satisfied to remain a qualifying company
• Understand when distributions from qualifying companies are tax exempt
• Be aware of potential pitfalls when winding up a qualifying company
Total CPD Hours: 1.25 (1 Hour 15 min)
Suited to:
This webinar is intended for accountants whose client base includes qualifying companies. It will provide the experienced practitioner with a refresher on how the qualifying company regime works, as well as providing newer practitioners with the knowledge they require to work with complying companies.
PRESENTER:
Stephen Richards, Partner – Tax Advisory Findex/Crowe
Stephen Richards is a partner in the tax advisory team at Findex/Crowe, one of Australasia’s leading providers of integrated financial advisory and accounting services.
Stephen has been practising in tax advisory for over 20 years and is a sought-after speaker on tax topics, including for CAANZ, CCH, and TEO Training courses and lecturing at the University of Otago.