Close
My Cart (0 items)
Checkout

Login to TEN

Privacy Policy
Privacy Policy
Return
My Cart (0 items)
Checkout
107491
Recorded Webinars

Recorded Webinar: From Trust to a Company: Making the Switch Without the Tax Sting

The use of trusts can bring about numerous benefits. However, they are becoming increasingly complex to administer and they can pass their use by date, not just with a reference to their “vesting date”, but also with a reference to the benefits of using an alternative corporate st
PRESENTED BY Kimberley Barnes Senior Associate - McInnes Wilson , Brisbane

Date/Time

About the Webinar

The use of trusts can bring about numerous benefits. However, they are becoming increasingly complex to administer and they can pass their use by date, not just with a reference to their “vesting date”, but also with a reference to the benefits of using an alternative corporate structure that for some situations may provide more pros than cons. This session looks into when it may be time to consider a change, and if so, how to tax effectively manage the process, including:

  • The pros and cons of the use of a trust structure versus the use of a company structure
  • The situations that may be conducive to changing from a trust structure to a company
  • The various methods that can be used to tax effectively change a trust structure to a company and the pros and cons of each 
  • Can restructure/rollover options be a viable option when a trust is approaching or past its vesting date?
  • Are there any methods to change a trust structure to a company that can:
    • keep the history for the potential future use of the small business CGT 15 year exemption intact?
    • remove “skeletons in the closet” from the trust's trading history for asset protection purposes?
  • How the asset mix of a trust entity impacts on the decision of choosing the option to use for a change
  • The issues besides income tax and capital gains tax that a tax practitioner should be mindful of when advising on the alternative approaches
  • Case study

Presented By

Kimberley Barnes
Senior Associate, McInnes Wilson Brisbane, QLD

Kimberly completed her Bachelor of Laws and Bachelor of Commerce (Accounting) at Griffith University and was admitted as a solicitor in May 2016.

Kimberley specialises in the areas of commercial, taxation, succession planning and asset protection for individuals, trusts and companies.

As a dedicated solicitor, she has honed her skills to build a strong client rapport from the get-go and has developed excellent stakeholder relations both within and external to the firm. Kimberley has a passion for going the extra mile for her clients and prides herself on ensuring all T's are crossed and I's are dotted before wrapping up any project.

By using initiative, out of the box solutions and the ability to uniquely assess situations, Kimberley is able to provide end-to-end solutions for her clients in a timely, deadline focused manner.

Who Should Attend?

This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Information

Accountants can claim up to 1 CPD hour. Lawyers can claim up to 1 CPD unit/point – substantive law. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.

While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.

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]

Go to top