This seminar paper covers the following issues:
- accessing the myriad of different exceptions under new value shifting rules
- direct value shifting - an examination of changes from old Div 140
- indirect value shifting - the practical shifting implications of these new provisions
- an analysis of specific value shifting issues commonly arising for business, such as dividend access shares, debt forgiveness, interaction with demergers and consolidations.
- accessing the myriad of different exceptions under new value shifting rules
- direct value shifting - an examination of changes from old Div 140
- indirect value shifting - the practical shifting implications of these new provisions
- an analysis of specific value shifting issues commonly arising for business, such as dividend access shares, debt forgiveness, interaction with demergers and consolidations.
This paper was also presented by Ken Schurgott at the A Tax Focus for Small Business and the Rural Industry seminar held in Ballina on 21 May 2004.
This is a slightly modified version of a paper presented by the author at the 11th National Tax Intensive Retreat in Noosa on 21 August 2003.