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  Miscellaneous 2005

Liquidate but only after you contemplate - getting money out of private companies

Source: National

Published Date: 18 Mar 2005

 

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This paper covers winding up a private company from income tax, GST and stamp duty viewpoints, including:

  • why liquidate? - comparison with capital return mechanisms
  • dividend v capital proceeds - where do I start?
  • managing available franking credits
  • CGT events C2 and G1
  • liquidating consolidated entities - where should you start?
  • timing issues - some curious results emerge
  • interaction with CGT discount and small business concessions
  • stamp duty exemptions and GST issues on liquidations
  • implications of various liquidation strategies.
Author(s)

Individual Session

Liquidate but only after you contemplate - getting money out of private companies

Author(s): Andrew Sinclair CTA
Materials from this session:

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Details

  • Published By: Andrew Sinclair CTA
  • Published On:18 Mar 2005
  • Took place at:Perth Convention Exhibition Centre, WA

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