Miscellaneous 2014

Tax issues in restructures, acquisitions and dealing with distressed debt

Source: New South Wales

Published Date: 19 Feb 2014

 

This presentation covers:

  • distressed debt – common transactions
  • characterisation issues
  • key income tax issues for the debtor:
    • commercial debt forgiveness rules
    • limited recourse debt rules
  • key income tax issues for the creditor:
    • loss on extinguishment of debt (bad debt, general deduction,capital loss)
  • withholding tax
  • TOFA
  • key transactions:
    • renegotiating debt repayments
    • assignment of debt
    • debt for equity swap.

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Individual Session

Tax issues in restructures, acquisitions and dealing with distressed debt

Author(s): Ian Kellock

Details

  • Published By: Ian Kellock
  • Published On:19 Feb 2014
  • Took place at:InterContinental Sanctuary Cove Resort, Gold Coast

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 2014

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