Anti-avoidance Capital Gains Tax (CGT) Debt

Capital management of financial institutions and the related tax issues presentation #2

Source: QLD

Published Date: 13 Feb 2013

 

These presentations cover:

Basel III changes:

  • overview and background – concept of regulatory capital; interaction with ratings capital; Basel III changes; how much additional capital banks globally will have to raise; and what banks around the world are doing
  • Basel III changes - focus on Basel III changes; capital adequacy under new APS 111; what the different categories of capital comprise of; key features to qualify as Additional Tier 1 Capital and Tier 2 Capital; deductions from capital; transitional arrangements

Topical tax issues facing banks and insurance companies about capital management:

  • Tier 1 capital issues in Australia – tax implications for the issuer and security holders including the implications for the issuer arising from Basel III non-viability clauses and the application of various anti-avoidance rules
  • Tier 1 capital issues undertaken by foreign branches of Australian banks – issues for the bank including the application of s 215-10
  • Tier 2 capital issues in Australia – tax implications for the issuer and security holders including application of the debt/equity rules.

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Individual Session

Capital management of financial institutions and the related tax issues

Author(s): Tony Frost , Tricia Ho-Hudson

Details

  • Published By: Tony Frost
  • Published On:13 Feb 2013
  • Took place at:Hyatt Regency Sanctuary Cove, Gold Coast

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Tags

Anti-avoidance Capital Gains Tax (CGT) Debt Equity Deductions Finance Investment Imputation International tax & business Shares TOFA Miscellaneous 2013

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