Transactions with Associates - Distributing Capital Gains 2025 (live webinar)
excl. GST. Broadcast Date: Wed 20 Aug 2025 (10-11am)
| Quantity |
Product Description
This course will consider the distribution of capital gains by companies and the tax consequences thereof. In particular, the tainted capital gain rules have been the bane of accounting practices for decades when undertaking restructures, staged succession/business sales and property transactions and have resulted in what were expected to be tax-free capital gains becoming taxable to shareholders upon distribution.
The rules for determining when a tainted capital gain arises changed with effect from 30 March 2017. The new two-stage test represents a significant change to the circumstances in which a tainted capital gain can arise.
This webinar will cover how the current Dividend and Tainted Capital Gain rules work and consider the impact on historical capital gains that were tainted under the older rules.
Due to the popularity of the previous webinar on this topic, this is a refresh and rerun. However, we will also touch on new matters pertaining to the interface with dividend stripping rules, share cancellations, and the creation of ASC in a script-for-script transaction.
This topic is relevant for anyone advising companies on restructures, staged succession/business sales and property transactions, and will focus on both the theory, and practical issues/solutions.
Upon satisfactory completion of this webinar, you will be able to:
- how both tainted capital gains and other capital gains are taxed upon distribution
- discuss the tainted capital gain rules’ interface with other relevant aspects of the Act.
Suited to:
- anyone in public practice who acts for companies
- corporate employees in accounting/tax roles.
Duration: 1 CPD hour (52 mins plus 8 mins Q&A)
PRESENTER
Scott Mason, Senior Tax Partner, Findex
Scott Mason has over 30 years’ experience advising on tax matters, primarily for larger owner-managed businesses throughout NZ. He is a regular presenter for TEO Training and CCH, and former Chair of the CAANZ Tax Advisory Group. Scott is renowned for making complex issues understandable.