The Professional

Live Webinar: Joint Venture or Partnership – Understanding the Tax Implications of the Business Relationship

Presented by Ross Higgins

Tuesday 13th June 2017

Vic, NSW, Qld, ACT, Tas: 11am to 1pm 
SA & NT:  10:30am to 12:30pm 
WA: 9am to 11am

About the webinar

There are a number of key differences between joint ventures and partnerships. They each have a number of advantages and disadvantages.  This webinar looks at the taxation obligations and implications of the various structures and why you would advise your clients to pick one over the other.  It covers:

  • Understanding the fundamental similarities and differences between JVs and partnerships
  • JVs:
    • have you documented it properly?
    • are you sure it’s not a tax law partnership? Understanding the risks
    • tax advantages of joint ventures over partnerships
  • Partnerships:
    • when do they arise? General law partnerships, tax law partnerships and limited partnerships
    • flow through tax treatment – are they any better than JVs?
  • Some special issues:
    • Div 152 concessions application to partnerships – are there special benefits?
    • tax implications of a new partner entry as company to new joint venture – equity vs no equity partnerships
    • tax implications of partner or joint venture exit
  • Lessons from Yacoub v Commissioner of Taxation

Who should attend

This webinar is suitable for accountants advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

Ross Higgins, Partner, Mills Oakley Lawyers, Melbourne

Ross Higgins has over 25 years experience as a tax practitioner in Australia, providing services to local, national and international clients, accounting firms, other law firms, corporate and financial advisers and their clients on specialist taxation issues.

His experience includes:  Advising on numerous mergers and acquisitions (domestic and international), pre-public offer structuring and business group restructuring generally; Advising on the establishment and restructuring of not-for-profit organisations; Advising on employee share plans and/or other remuneration arrangements for various companies; and Advising on corporate tax issues generally, including tax consolidation, capital gains tax, tax loss rules, debt forgiveness, dividend franking rules, share buy-backs, debt/equity rules, deductibility issues, and anti-avoidance and integrity rules.

CPD certificate

Live webinar delegates will receive a CPD certificate for attendance at this webinar.  Accountants can claim up to 2 CPD/Training hours.  This webinar has been designed to run for 2 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1.5 hours.

About TEN Webinars:

Attending a TEN webinar couldn’t be easier. Basically it’s just like attending a seminar except that you don’t have to leave the comfort of your office or home. You just need to be available at the appointed date and time with your computer and internet connection.

Once you’ve registered for the webinar, we send you a link so that you can login to the webinar from your computer. The speaker delivers the session from their computer in real time. Just like a live seminar, you can ask questions of the speaker. You simply type your question into the question box and the speaker responds to it during question time.

At the end of the webinar session we send you a certificate to confirm your attendance and the number of CPD hours you earned.

Technical requirements:

You will need a computer with sound, an internet connection and earphones if you need to participate in the webinar in an open office environment (so you don’t disrupt those around you).

Product Code: RBHJUN17
 Price:  $253.00 (Inclusive of GST)
© 2017 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.