23 Company Losses & Imputation Credits - Continuity and Commonality - Both Parts(Webinar Recordings)
excl. GST - Broadcast Dates: 7 June 2023 and 23 June 2023
| Quantity |
Product Description
This webinar series will consider the rules and issues around the continuity and commonality requirements for company losses and imputation credits, including practical examples of calculations.
We will work through the business continuity test and how the rules work in practice. Our sessions will look at the changes as enacted under the Taxation (Annual Rates for 2022-2023, Platform Economy, and Remedial Matters Bill (No 2) as they relate to company losses and imputation credits.
Part 1: Basic principles of Continuity and Commonality based on voting interests, and the application of the “same or similar” business test, including when and how it works effectively.
Part 2: We will cover the application of the continuity and commonality rules in relation to the carry forward of losses and grouping of losses.
This session will also look at the implications of the continuity rules in terms of imputation credits.
Upon satisfactory completion of this activity you will be able to:
• Understand the current continuity and commonality requirements and how the rules can be applied in relation to losses and imputation credits.
• Apply the new rules regarding continuity
• Advise clients on and manage the use of the loss carry back rules.
Total of CPD Hours: 2.5 (1.25 per webinar)
Suited to:
Anyone in public practice or within a corporate environment where management of losses and imputation credits is a critical knowledge set. This will be a mix of basic/revision and extension to discuss the business continuity rules introduced with effect from 1 April 2020.
PRESENTER:
Nola Crafar, Senior Manager, Findex/Crowe
Nola is a Senior Manager for Findex in the Dunedin Tax Team. Nola has been with Findex for over 15 years, where she advises on a wide range of tax matters, including property transactions and property ownership structures, structuring opportunities for businesses including relationship property considerations, providing advice on the tax treatment of transactions for clients and other professional advisory firms and managing Inland Revenue Department queries, disputes and debt relief applications.