Learn to identify the most tax-effective structure for each client at the start of an investment or business venture. The course includes two comprehensive hard copy learning manuals, plus quarterly updates.
Overview
Objectives
- Look at a client’s situation and identify the important factors to be considered when determining their structure
- Identify the differences between companies, trusts, partnerships, individuals and self-managed superannuation funds in carrying out a venture
- Identify when each of the above types of entities is most appropriate
- Discuss how to combine two or more different entities in certain scenarios
- Discuss how income and capital are taxed in each type of entity and how these amounts are then distributed to the owners
- Discuss how equity partners can be admitted or control passed between generations using the different types of entities
- Identify a number of the optimum structuring options and explain when and why each option should be used
Audience
Tax professionals and practitioners with responsibility for the preparation of income tax returns for individuals, companies, partnerships, trusts and superannuation funds.