Miscellaneous 2008

Demystifying taxation treatment of franchising

Source: New South Wales

Published Date: 28 May 2008

 

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More and more businesses are taking advantage of the mutual benefits that are available with franchise arrangements. The franchisor is provided with an avenue to grow its business whilst the franchisee has immediate access to the trade name, operating systems and reputation of the franchisor. This paper demystifies franchises and considers many of the common tax and structuring issues associated with them. Topics covered include:

  • what is a franchise?
  • overview of regulatory framework for franchises
  • when is a franchise arrangement appropriate?
  • structuring issues for franchisors and franchisees
  • taxation treatment of:
    • upfront franchise fees
    • ongoing franchise fees
    • other fees and costs (marketing, fit outs etc)
  • Intellectual property and goodwill issues
  • Tax issues on sale, termination and expiry.

Individual Session

Demystifying taxation treatment of franchising

Author(s): Ben Wilson CTA

Details

  • Published By: Ben Wilson CTA
  • Published On:28 May 2008
  • Took place at:The Westin, Sydney

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