Recorded Webinar: The Final Curtain: Tax Imperatives when Winding up a Company

Whilst human life expectancy is increasing, the reverse is applying for the lifespan of a company. This session explores the tax issues when a company comes to an end, including:

• Treatment of dividends on liquidation and use of the Archer Brothers principle to tax effectively pay out:

• pre CGT capital gains
• capital gains previously subject to the 50% active asset discount

• How are amounts previously subject to the CGT 15-year exemption and CGT retirement exemption treated on a company wind up?
• What are the tax implications if a company is wound up before the completion of the replacement asset period after using the small business CGT roll-over?
• Liquidator distributions and the tax implications for shareholders
• Tax considerations when distributing company assets in specie
• Worthless shares and CGT event G3
• Strategies to prepare a company for voluntary deregistration, including:

• reducing assets to required level
• tax treatment if loans forgiven to eliminate company liabilities

• Practical examples