This webinar considers a number of practical issues that arise with look-through companies, including the look-through company eligibility rules, the calculation of income on conversion of an ordinary company to a look-through company, and the tax treatment of remission of debt.
Other topics covered include the use of look-through companies for cross-border investment, how payments made by a look-through company to a “working owner” are taxed, how to deal with distributions and overdrawn current accounts, and the tax consequences of transferring shares in a look-through company.
The impact of the pending increase in the top personal tax rate on look-through companies will also be considered.
Junior, intermediate and senior accountants, and lawyers who advise clients on structuring issues.
Stephen Tomlinson, Principal, Tomlinson Law
1.5 CPD Hours