Australia's current thin capitalisation regime has now been in place since 2001 and yet many SME taxpayers still find themselves being caught out by the rules each year. More than a decade of low interest rates, an abundance of liquidity and the rapid growth of private equity in the Australian market has resulted in debt becoming an increasingly popular form of funding in Australia. Increased debt levels are beginning to place pressure on the thin capitalisation capacities of many Australian taxpayers and the Australian Taxation Office has announced its intent to focus on this area. Is your understanding of the thin capitalisation rules good enough to be effective in the current environment?
Thin Capitalisation: Is Debt a Dirty Word?
Author(s):
Anthony Klein CTA
,
James Strong
Materials from this
session:
Details
- Published On:13 Jun 2007
- Took place at:Oaks Hotel on Collins, Melbourne
The material is copyright. Apart any fair dealing for the purpose of private study,
research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
Tags
2007
Share this page