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Recorded Webinars

Recorded Webinar: Small Business and the Base Rate Entity: Lessons for Future Years

The 27.5% tax rate for base entities has now been in place long enough for us to see where the lessons are for future years. This practical session examines the key issues, including: Is your client a base rate entity? How is base

Date/Time

About the Webinar

The 27.5% tax rate for base entities has now been in place long enough for us to see where the lessons are for future years. This practical session examines the key issues, including:

  • Is your client a base rate entity?
    • How is base rate entity passive income calculated?
    • How is net income from a trust or an interest in net income of a partnership included in base rate entity passive income?
  • Dealing with franking credits and imputation:
    • Determining the tax rate for imputation purposes
    • What happens if the company wasn’t in existence in the previous income year?
    • What happens if the corporate tax rate is different from the corporate tax rate for imputation purposes?
  • Practical tips when lodging income tax returns
  • Ways to maximise franking credits

Presented By

Matthew McKee
Partner, Brown Wright Stein Lawyers Sydney, NSW

Matthew McKee is an experienced tax and superannuation lawyer who regularly provides tax and commercial related advice to accountants, financial planners, small to medium enterprises and private clients. Matthew has a particular expertise in New South Wales state taxes (duties, payroll tax and land tax) but advises on all aspects of taxation law, including income tax, capital gains tax (CGT), GST and the SIS Act.

Matthew has experience in resolving of taxation disputes, including:

  • Managing Australian Taxation Office (ATO)/ Revenue NSW audits and investigations, voluntary disclosures;
  • Preparing taxation objections and private ruling applications;
  • Conducting tax litigation in the Administrative Appeals Tribunal and Federal Court of Australia, the NSW Civil and Administrative Tribunal and Supreme Court of New South Wales; and
  • Negotiating settlements and payment arrangements with the ATO and Revenue NSW.

Matthew also provides advice on trusts and structuring as well as commercial issues including asset and business acquisitions and disposals, share sale agreements, shareholder and joint venture agreements.

Who Should Attend?

This webinar is suitable for accountants 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: [email protected]

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