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Related Party Transactions Webinar

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The key integrity rules and tax adjustments

Market value substitution rules
When and how the value shifting rules apply
The tax impact for common client scenarios

A Live Instructor Led Webinar

Practitioners who work with private groups often encounter transactions between related parties and need to determine how these arrangements will be dealt with under the tax system. Sometimes the tax outcome will not end up matching the economic substance of the arrangement because of the application of integrity rules and adjustments.

Practitioners need to be able to identify the provisions that might be applicable and the impact they can have on their clients. While some of these integrity rules contain exclusions and safe harbours which can help to reduce compliance costs for smaller groups and lower value transactions, other provisions can be triggered regardless of the amount involved or the size of the client.

The Related Party Transactions Webinar will help you identify risk areas that need to be considered in the context of related party transactions and understand the practical tax impact on your clients.

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AU $195 members
AU $235 non-members

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Register Team*

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AU $520 members
AU $595 non-members

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Total 1.25 CPD Hours

Details

Recorded: 29 August 2024

FAAA accredited for 1.25 CPD hours

  • 1.25 Tax (financial) advice

Terms & conditions: All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.

*Office Registrations. Maximum 10 participants per firm (must have same email domain). The PD points for all attendees will be recognised and links will be provided to all attendees.

What we cover

In this practical webinar we identify some of the key areas of the tax system that practitioners will need to work through when clients are involved in related party transactions.

What's included?

  • 1 x 1.25 hour (est.) webinar
  • 3 month access to Q&A embedded webinar recording
  • Reference notes
  • When and how the CGT market value substitution rules apply
  • Mismatches that can occur when depreciating assets are transferred between related parties
  • Trading stock adjustment rules and when tax relief is available
  • The three components of the general value shifting regime and when they can apply
  • Specific exclusions from the value shifting rules and applying the safe harbours
  • Understanding the scope and application of Division 7A
  • ATO guidelines for service entity arrangements and how to achieve a low-risk position

Our presenter

Tax Adviser, Knowledge Shop

Rae Ni Corraidh

Rae Round

Rae is an experienced tax advisor and trainer focused on helping practitioners apply complex tax rules to real life scenarios.

She understands the challenges faced by practitioners and brings a wealth of practical experience to the workshop ensure participants walk away with the knowledge and tools they need to help their clients navigate the technical issues they are facing.

Rae has over 20 years tax experience in professional services firms, ten in Big 4 firms both in Australia and internationally and has held management positions in mid-tier firms.

Rae holds a Masters in Commerce specialising in tax.