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Recorded Webinars
Recorded Webinar: Unpaid Present Entitlements – The Division 7A Ticking Time Bomb
Many trustees placed funds representing UPEs on seven-year loans from the sub-trust to the main trust. While the ATO has extended the deadline, this has simply deferred the problem. This session covers how to clean up outstanding UPEs and other Division 7A problems:
PRESENTED BY
Ian Burgess
Partner, Ernst
Date/Time
About the Webinar
Many trustees placed funds representing UPEs on seven-year loans from the sub-trust to the main trust. While the ATO has extended the deadline, this has simply deferred the problem. This session covers how to clean up outstanding UPEs and other Division 7A problems:
- Practical Compliance Guideline PCG 2017/13
- Ensuring a loan is not deemed a dividend by the ATO
- Identifying the role that the distributable surplus has in determining deemed dividend
- Clarifying how UPEs may be classified in the context of Div. 7A
- Dealing with existing and inherited Div. 7A problems
- Working out ways existing Div. 7A loans can be eliminated tax effectively
- Sub trust arrangements - legal documentation and repayment
- Turning an existing UPE into new loan facility
- Case study - the Div. 7A reform agenda: future developments
Presented By
Ian Burgess
Partner, ErnstWho Should Attend?
This webinar is suitable for accountants advising in taxation matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]