LTC Issues and Opportunities 2024 - 7 March 2024 (On Demand)

Description

Including the interaction of the LTC rules and the bright-line rules

This webinar considers a number of practical issues that arise with look-through companies.

The eligibility criteria to become and remain a look-through company will be examined, along with the use of look-through companies for cross-border investment.

Specific issues discussed will include the interaction of the LTC rules and the bright-line rules, how payments made by a look-through company to a “working owner” are taxed, how to deal with distributions and overdrawn current accounts, the tax consequences of transferring shares in a look-through company, and calculating income on conversion of an ordinary company to a look-through company.

ORIGINAL BROADCAST DATE

7 March 2024

LEARNING OUTCOMES

You will:

  • Learn about the criteria for a company to become a look-through company.
  • Understand what tax implications arise when a company ceases to be a look-through company.
  • Know the rules concerning working owners, shareholder salaries and fringe benefits tax.
  • Understand how to deal with distributions and overdrawn current accounts.
  • Learn how the look-through company rules interact with the bright-line rules.
  • Know when a look-through company can be used for cross border investment.
  • Learn when an income tax liability arises on the disposal of interests in a look-through company.
  • Know how income is calculated on conversion of an ordinary company to a look-through company.

SUITED TO

Junior, intermediate and senior accountants, and lawyers who advise clients on structuring issues.

PRESENTER

Harry Waddell, Senior Associate, Tomlinson Law.

  • On Demand Event
    • $215.00 excl. GST
    Complete online in your own time (Self-paced)
    • $215.00 excl. GST

Coming Soon

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants to a live webinar will automatically be sent a recording at the end of that week along with a full transcript of the webinar, regardless of whether you attended or not.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.