Although the qualifying company regime was superseded by the look-through company regime on 1 April 2011, qualifying companies existing at that date continue to operate under the regime. To remain a qualifying company, it is necessary to satisfy a number of requirements. Special rules apply to dividends from qualifying companies that determine the extent to which the dividend is taxable or tax-exempt.

This webinar will examine:

• the requirements a company must continue to satisfy to remain a qualifying company
• the special rules that apply to dividends paid by qualifying companies
• income tax issues that arise when a qualifying company is wound up

Upon satisfactory completion of this activity you will:

• be aware of the shareholding and election requirements that need to be satisfied to remain a qualifying company
• understand when distributions from qualifying companies are tax exempt
• be aware of potential pitfalls when winding up a qualifying company

Suited to:

This webinar is intended for accountants whose client base includes qualifying companies. It will provide the experienced practitioner with a refresher on how the qualifying company regime works, as well as providing newer practitioners with the knowledge they require to work with complying companies.

PRESENTER

Stephen Richards, Partner – Tax Advisory Findex/Crowe

Stephen Richards is a partner in the tax advisory team at Findex/Crowe, one of Australasia’s leading providers of integrated financial advisory and accounting services.

Stephen has been practising in tax advisory for over 20 years and is a sought-after speaker on tax topics, including for CAANZ, CCH, and TEO Training courses and lecturing at the University of Otago.