Bankruptcy Consolidation Income tax

Train wreck case study

Source: QLD

Published Date: 28 Feb 2013

 

What happens when the train crashes? This presentation provides practical advice on how to assist your client in this situation. Step through this case study where all of the events that you have been planning for with your client arise simultaneously:

  • the ATO initiates a GST audit
  • the client is part way through the year end audit
  • the married business owners advise you that they have separated and are planning to divorce
  • the bank is about to call in the receivers due to the impact of the GFC. 

How do you set priorities in this situation? What should you advise on and when do you need help from specialists. How much do you tell each party about the other issues?

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Individual Session

Train wreck case study

Author(s): Adele Townsend
Materials from this session:

Details

  • Published By: Adele Townsend
  • Published On:28 Feb 2013
  • Took place at:Tattersall's Club, Brisbane

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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Bankruptcy Consolidation Income tax 2013

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