Recorded Webinar: Small Business Restructure Rollover: A Practical Guide

The small business restructure rollover is a useful tool that allows clients to move out of inefficient structures, without triggering adverse tax consequences. But, while the rollover provides significant opportunities for small businesses, there are traps and tips which you need to take into account when applying it. This session covers:

• What is a genuine small business restructure?
• Ensuring no change in ultimate economic ownership
• Tax implications of rollover - tax liability and value received by parties
• Transferring eligible assets - understanding asset categories including CGT assets
• Eligible entities - does the transferor or transferee have to be running a business?
• The position of trusts in the restructure - the question of ultimate economic ownership
• State tax implications and small business restructure
• Dealing with shares or interests in a company or trust in rollover
• Tax benefits of Div. 152 concessions and small business rollover concession - a comparison
• Case study - contrived arrangement to gain concessions: integrity and anti-avoidance