Foundations of Tax 2023-24 - Session 14: Companies: Introduction and imputation
This topic provides an introduction to company structures used in a business. It also provides an introduction to the imputation system.
This session was recorded on 7 August 2023.
On successful completion of this topic, participants should be able to:
- Critique the performance of a company business structure in respect of the common business structuring considerations
- Explain the taxation implications arising when a company carries on a business
- Explain the taxation implications when profits are extracted from a company (imputation)
- Determine whether a refund of GST is payable.
This session forms part of the Foundations of Tax series
Benefits:
These concise sessions have been specifically designed for our online education platform, to ensure that you get an in-depth understanding of the fundamental tax topics in minimal time.
This session is presented by our senior tax and superannuation trainer:
Bruce Thomas, Senior Tax and Superannuation Trainer, CA ANZ
Bruce was previously a tax manager with William Buck Chartered Accountants where he advised clients on the application of the goods and services tax, FBT and other government charges.
He worked for the Australian Taxation Office for 17 years, including as a senior officer dealing with technical issues involving the GST. Bruce has been a trainer with CA ANZ for over 18 years.
CPD Assessment
The Foundations of Tax series has been assessed for CA ANZ and should meet the Tax Practitioners Board's CPD requirements. The allocation of CPD hours is as follows:
FULL SERIES | PER SESSION | |
CA ANZ | Up to 12 CPD hours | Up to 1 CPD hours |
TPB | Up to 12 CPD hours | Up to 1 CPD hours |
EVENT DETAILS
Topic: Tax
Sub-Topic: Building Knowledge
Format: Recorded Webinar
Proficiency Level: Foundation
CPD: Upto 1 hours