Recorded Webinar: Making the Move to a Company Structure: Tax Traps and Smart Solutions

It's not always the case that the structure chosen at the outset remains the optimum structure to use as time goes on. However, changing a structure midstream can trigger unwanted tax costs if the change isn't handled in a tax effective manner. This session looks at the options available to change a structure to a company and how the tax costs can be minimised in the process, including: 

• A refresher on how the tax attributes of a company differ from the tax attributes that apply to:
  • a sole trader
  • a partnership
  • a discretionary or unit trust 
• Structures and situations that may benefit from a change to a company
• The trends occurring in practice:
  • Are trusts getting too complex to administer?
  • Is the base rate entity company tax rate getting too tempting?
• A comparison of the various restructure/CGT rollovers and concessions available to change an existing structure to a company
• Why you would choose one restructure/CGT rollover or concession option over another based on various situations
• The GST issues to consider
• Tips and traps to be mindful of when making the change
• Case study