Sometimes relationships don’t always work out. The appeal of operating a business in a trust and the prospect of the CGT discount may no longer outweigh the challenges of managing unpaid present entitlements and preparing annual distribution minutes.
But it’s not too late to rebuild. By restructuring from a trust to a company, you may be able mend those fractures, restore clarity, and create a stronger, more resilient business for the future.
In this presentation, Edward will outline some of the choices available under the income tax laws to restructure a business tax effectively from a trust to a company (e.g. CGT rollovers and the small business CGT concessions) and the tips/traps of which to be aware.
Not all relationships have to end in doom and gloom. Let’s repair and revitalize this important relationship—before it’s too late.
Who should watch
Tax advisors, financial planners, tax agents, accountants, lawyers and those who control or are beneficiaries of Trusts.
Level of expertise
This webinar is for persons with some knowledge or interest in Trusts.
Presenter
Edward Hennebry, Special Counsel
Edward is a Special Counsel in the Business Law team at Sladen Legal.
Edward commenced his career as a graduate in the ATO and then as a lawyer within the ATO’s Tax Counsel Network and Review and Dispute Resolution business lines.
Edward has also worked in several large accounting and national law firms, enabling him to develop his command of prevalent tax and commercial issues that affect high-wealth individuals and small to medium enterprises.
View Edward’s full profile here
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