As one of the many consequences and factors to consider for any corporate restructuring transaction, tax implications almost stand first in line – as it may also often be one of the main reasons for said restructuring.
This course is the first in our two-part series that aims to explore the tax working of these transactions.
Please note that while these courses are presented as a series of related matters, they cannot be booked as a bundle and bookings are to be made for each course on its own.
This session will cover the following:
• Brief overview of the underlying concepts to consider in corporate restructuring:
o Section 41 definitions
o Contributed tax capital
• Coverage of the main provisions from tax legislation dealing with asset for share transactions (types of transactions, requirements to qualify for certain tax relief):
o Section 42 – Asset for share transactions
o Section 43 – Substitutive asset for share transactions
o Section 24BA and 40C – Anti-avoidance provisions
• Practical issues with corporate restructuring
All entities and tax practitioners that are engaged in corporate restructuring transactions, as well as auditors, might benefit from this course.
