Corporate reorganisations and the related tax implications are extremely complex. The Income Tax Act provides for tax-neutral transactions in specific circumstances, as set out in the corporate rules in sections 41 to 47. This tax relief is mirrored in the VAT and STT Acts. On the other hand, there are several anti-avoidance provisions in the Income Tax Act that must be carefully considered.
After attending this webinar delegates will know how the various corporate reorganisation provisions operate.
The course content will cover:
• Types of corporate reorganisations
• Tax treatment of –
o Company formations
o Asset for share transactions
o Company liquidations
o Amalgamations
• Anti-avoidance provisions such as
o Dividend stripping
o Value mismatch transactions
Tax advisors, taxpayers, accountants, trustees, business owners and managers, bookkeepers and anyone else who deals with corporate tax and corporate reorganisations.
