This paper focuses on using a company as a vehicle to carry on a business. It will consist of a broad discussion on a selection of tax issues associated with companies in the private client space – framed over the life cycle of a company.
Topics covered include:
- why choose a company? Issues with mergers and demergers
- flexible company structuring
- getting capital out of a company – capital returns and share buybacks
- compliance/planning
- tax and accounting consequences of changes to the Corporations Law
- definition of a dividend
- hybrid instruments
- share capital tainting.