Live Webinar: Section 100A and Reimbursement Agreements - What’s Attracting the ATO's Attention?

It's now been a number of years since the ATO issued guidance material on its interpretation of how section 100A, relating to reimbursement agreements, applies, along with its compliance approach on how it would tackle arrangements that they consider could pose a risk. This session takes a look at how the section 100A issue is now being handled by practitioners and the ATO, including:

• The type of arrangements the ATO:
  • are taking a closer look at
  • consider fall foul of section 100A
• The records that could be kept to defend a potential section 100A attack by the ATO
• Tips and traps if presently entitled beneficiaries:
  • haven't been paid their distributions within certain timeframes
  • are paid their distributions, however the audit trail of how the funds were used isn't explainable
• If the ATO apply section 100A, how does this impact on assessments relating to the presently entitled beneficiaries of the distribution?
• Lessons to learn from the ATO's “Next 5,000 tax performance program” for section 100A issues uncovered
• Practical examples