Inter-Entity Loans and Forgiveness - August 2023 (3 Hours of CPD) 3 Hours CPD The requirements of Australian Professional

The requirements of Australian Professional and Ethical Standard 225 – Valuation Services and applicable sections of IFRS 13

Maximising allowable deductions for both business and non-business taxpayers

Disclosures for claiming of prior year losses and eligibility rules

Instant access to the recording of our July Tax Update Webinar 2024 and 90 Days of Recording Access (Unlimited Views)

Inter-Entity Loans and Forgiveness - August 2023 (3 Hours of CPD) 3 Hours CPD The requirements of Australian ProfessionalSometimes we have loans between our different entities and sometimes we want to forgive them. Prima facie that is a capital gain to one entity and a capital loss to the other. But of course there are integrity measures around entities that we must adhere to. In addition, the ATO has recently issued a Taxation Determination TD2022 1 they appeared to do a complete backflip from their interpretations detailed in their draft determination TD2019 D9. That