Recorded Webinar: Section 100A Reimbursement Agreements: When is a Dealing Between Family Members Not in the Course of Ordinary Family Dealing?

 

11th November 2019

Duration:  approx. 1.25 hour

 ANNOUNCING ONE HOUR LUNCHTIME WEBINARS
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 ABOUT THE WEBINAR
The ATO’s impending release of guidance in relation to section 100A reimbursement agreements, together with its continued audit activity in this area, means the time is right to revisit section 100A and ask what it means for taxpayers and advisers. This session explores the ATO’s current position on reimbursement agreements, including:

  • Unpacking section 100A’s main provisions

  • Is section 100A limited to trust stripping? Not necessarily!

  • What constitutes an ‘ordinary family dealing’?

    • Redistribution of family assets

    • Using legal structures to ensure financial benefits go to family members

  • Effect of changing social and economic factors

  • What type of ‘family’ does one examine?

  • Family dealings versus business dealings

  • Can ‘family dealing’ become ‘ordinary’ on the basis it is commonplace?

  • Can ‘family dealing’ cease to become ‘ordinary’ on the basis it is complicated?

  • Does it matter if the main purpose is tax avoidance?

  • Unpacking the ATO’s guidance and views

  • Section 100A case update and case studies

 PRESENTER
Recorded Webinars,Taxation,Recorded Webinar:  Section 100A Reimbursement Agreements: When is a Dealing Between Family Members Not in the Course of Ordinary Family Dealing?

Michael Butler, Tax and Revenue Partner, Finlaysons, Adelaide  

Michael has spent over 30 years working solely in taxation law – he is a true specialist in his field. His deep experience in tax law means he can provide advice that considers each client’s unique situation and suggest tax-effective options and solutions to help clients achieve their commercial goals.

Michael’s expertise at state, federal and international levels includes income tax, capital gains tax, GST, WET, fuel tax credits and carbon tax, as well as stamp duty, payroll tax and land tax. Also experienced in international taxation, Michael has assisted a number of Australian and foreign companies with the implementation of international transfer pricing methodologies and advised on the tax and GST implications of operating in Australia.

His special interests include property and mining taxation, estate and business succession planning, international tax matters and tax dispute resolution. He has advised a range of clients on the tax and GST implications of property subdivisions and developments, and mining operations and joint ventures, and also helped private clients to deal with the difficult tax and family issues that arise during asset division.

Michael has established a truly international tax and revenue practice from his base in Adelaide, servicing clients throughout Australia and all over the world. He provides clear, concise and commercially-focused advice and a high value and responsive service.

Michael's expertise in tax law is acknowledged in the 2017 edition of Best Lawyers Australia.

 WHO SHOULD ATTEND?

This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

 ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: lisa@tved.net.au
Recorded Webinars,Taxation,Recorded Webinar:  Section 100A Reimbursement Agreements: When is a Dealing Between Family Members Not in the Course of Ordinary Family Dealing?



© Television Education Network Pty Ltd 2020

Product Code: WBFNOV19
 Price:  $264.00 (Inclusive of GST)
© 2020 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.