This course reviews 6 key income tax considerations and common pitfalls that advisors and their clients need to be aware of when paying a dividend from a close company. It will also review the different types of dividends that can arise under income tax legislation. The course will provide a review of practical issues with a clear analysis of the tax law and practice, using examples to illustrate the issues. Specifically, it will cover

1. General Dividend Issues – Solvency
2. General Dividend Issues – Imputation
3. General Dividend Issues – RWT
4. Shareholder Continuity
5. Non-Cash Dividends
6. Distributions on Wind Up

Upon satisfactory completion of this activity you will be able to:

• understand the rules and principles better
• identify relevant tax issues
• have a greater awareness of tax implications in each of the areas

Suited to:

• intermediate through to advanced accountants in public practice who are dealing with close companies and their shareholders
• corporate accountants of close companies.

PRESENTER

Mike Hadwin, Director, Symmetry Advisory

Mike has been a regular presenter for TEO Training. You’ll learn from Mike’s 40 years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.