Amalgamations: A Review of the Income Tax

Amalgamation between companies is the process by which the companies combine to become one corporate entity. The process is set out in Pt 13 of the Companies Act 1993 (CA). The tax rules on amalgamations adopt not only the approach of ensuring minimal tax cost, but also an alternative regime providing for full taxation.

In this webinar we will review those tax rules, including:

• Review of the general tax treatment
• General rules for a resident's restricted amalgamation
• The impact of amalgamation on 
  
  • Financial arrangements property allowances
  • Agricultural allowances
  • Land
  • Income tax losses
  • Imputation credits
  • Tax payments               

Suited to:

Intermediates and above in public practice, Corporate Accountants, and any Chartered Accountant wanting a review of the tax issues involved in amalgamations for their business and/or client businesses.