The LTC regime has been with us for 10 years but many are still unsure of the rules around entering and exiting the regime. In this webinar we will consider the income tax implications when shareholder changes occur in a LTC.

The webinar will cover a number of income tax issues that arise when the relationship between shareholders in a LTC changes or the company is wound up. Specifically, the webinar covers:

• Ceasing to be a LTC
• Disposal of shares
  o De Minimis
  o Safe harbour exclusions
  o Allocation in the year of disposal
• Other types of disposal
  o Deemed disposals
  o Disposal under a relationship property agreement
  o Transfer on death of a shareholder
• 3 case studies involving property

The webinar will use examples and case studies to identify and clarify some of the difficulties that are associated with the income tax issues identified.

Upon satisfactory completion of this webinar series you will be able to:

• understand more clearly the income tax issues in dealing with LTC shareholding changes
• apply the law more confidently
• better identify issues to be addressed when LTC shareholding changes

Suited to: This course will be suited to intermediate through to advanced accountants in public practice, corporate accountants and anybody involved with LTC clients.

1.25 CPD hours

PRESENTER

Mike Hadwin, Director, Symmetry Advisory.

Mike is 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.