Inter-Entity Loans and Forgiveness - August 2023 (3 Hours of CPD) 3 Hours CPD Employee for SG purposes –

Employee for SG purposes – ATO’s Decision Impact Statements on recent cases

Documenting transactions such as share & unit transfers

Instant access to the recording of our July Tax Update Webinar 2024 and 90 Days of Recording Access (Unlimited Views)

Key income tax principles relevant to deceased estates

Disclosures for claiming of prior year losses and eligibility rules

Inter-Entity Loans and Forgiveness - August 2023 (3 Hours of CPD) 3 Hours CPD Employee for SG purposes –Sometimes we have loans between our different entities and sometimes we want to forgive them. Prima facie that is a capital gain to one entity and a capital loss to the other. But of course there are integrity measures around entities that we must adhere to. In addition, the ATO has recently issued a Taxation Determination TD2022 1 they appeared to do a complete backflip from their interpretations detailed in their draft determination TD2019 D9. That