Description
For small and medium sized businesses experiencing growth, or family businesses needing to change their structure due to succession planning, there comes a time when the entity structure under which the business is conducted is no longer suitable to those who are conducting it.
In such circumstances, it become necessary to alter the entity under which the business currently is conducted to a ‘new structure’. That might be from an individual to a company, a trust to a company, or it may require the transfer of assets into a trust.
Whilst the legislative provisions with respect to the application of the rollover provisions are complex, the utilisation of these measures are often overlooked by practitioners in the restructuring of client activities.
This Webinar explores the alternative rollover provisions that practitioners need to consider when altering entity structures including the following:
- Section 122A rollovers.
- Division 615 Rollovers.
- The application of section 328 G to small business entities.
- Section 124N Rollovers
- Section 124M rollovers in a ‘scrip for scrip’ transfer.
The Webinar will discuss the legislative basis of each rollover provision and most importantly, when each and in what circumstances, the provisions should be implemented.
Join us for this important analysis, and one that provides practitioners insight into deferring taxation at what often is a critical change in clients’ financial position and their future opportunities.
Recorded on 13 May 2022
Presented by Phillip London
$99 (members) | $132 (non- members)
TPB CPD Hours:1 hour | Legislated CPD Hours:Technical competence: 1 hour
Presented by: Phillip London
Phillip London is the Head of Tax at Tax & Super Australia. Phil’s background includes thirteen years in the ATO as well as tax advisory roles at KPMG, EY and most recently Crowe Australia. He has also worked in the UK on international tax matters. With a broad range of tax experience including personal and corporate tax issues, fringe benefits, and trusts, Phil brings a great wealth of knowledge to our Tax Discussion Groups and Webinars.
