Miscellaneous 2005

Company and trust loans approaching June 30 2005 - issues to consider

Source: South Australia

Published Date: 6 May 2005

 

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Getting the terms of both debit and credit loan accounts wrong can have serious tax implications for your clients. This paper focusses on what you need to review before 30 June 2005, particularly:

  • what are the critical dates - which loans should be 'locked'?
  • private companies and trusts
  • statute barred loans
  • at call credit loans at 30 June 2005
  • non-share capital accounts.

Details

  • Published By: Terry Lewis
  • Published On:6 May 2005
  • Took place at:Novotel Barossa Valley Resort

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2005

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