24 Amalgamations - A Review of the Income Tax Rules (Webinar Recording)
excl GST - Broadcast Date: 19 June 2024
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Product Description
Amalgamation between companies is the process by which the companies combine to become one corporate entity. The process is set out in Pt 13 of the Companies Act 1993.
The tax rules on amalgamations adopt not only the approach of ensuring minimal tax cost, but also an alternative regime providing for full taxation.
In this webinar we will review those tax rules, including:
• Review of the general tax treatment
• General rules for a resident's restricted amalgamation
• The impact of amalgamation on
o Financial arrangements
o Depreciable property
o Agricultural allowances
o Land
o Income tax losses
o Imputation credits
o Tax payments
The review will include a number of worked examples to illustrate the technical information
Upon satisfactory completion of this course, you will be able to:
• relay the latest information affecting the income tax rules for amalgamations
• appreciate recent changes
• make better decisions about the use of amalgamations
Total CPD Hours: 1.25 (1 Hour 15 min)
Suited to:
Intermediates and above in public practice, Corporate Accountants, and any Chartered Accountant wanting a review of the tax issues involved in amalgamations for their business and/or client businesses.
PRESENTER:
Mike Hadwin, Director, Symmetry Advisory Ltd
Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 40 years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.