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Recorded Webinars
Recorded Webinar: A Deep Dive into Loan Accounts: Audits and Compliance
Loan accounts are a hot spot for audit and compliance activity for the ATO as well as a focus of legislative reform. As a result, it has become more vital than ever for advisers to actively review and consider the status of loan accounts held by taxpayer companies and trusts. Thi
PRESENTED BY
Mark Gioskos
Senior Associate, Thomson
Date/Time
About the Webinar
Loan accounts are a hot spot for audit and compliance activity for the ATO as well as a focus of legislative reform. As a result, it has become more vital than ever for advisers to actively review and consider the status of loan accounts held by taxpayer companies and trusts. This session drills down into the treatment of loans in a private company and trusts context, including:
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Commercial debt forgiveness rules
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Deemed dividends under Division 7A
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Potential FBT implications where the borrower is also an employee
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The assignment of loans
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What tax implications arise from the statutory period of limitations?
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Understanding the implications of loan accounts on trust entitlements - Fischer v Nemeske Pty Ltd [2016] HCA 11
Presented By
Mark Gioskos
Senior Associate, ThomsonWho 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.
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]