Division 7A continues to be an issue that all of our clients need to address in an appropriate manner on a regular basis. These sessions covered a number of recent changes including:
- fixing the sins of the past using PSLA 2007/20
- the changes brought about by Tax Laws Amendment ( 2007 Measures No 3) A ct 2007
- calculating a distributable surplus and determining the present legal obligations of a company
- franking implications including the removal of the franking debit for deemed dividends
- relevant recent ATOID ' s, Rulings and Cases including Di Lorenzo Ceramics.