Depreciation Issues when Buying or Selling a Business
By Skye Francis
1h 3m CPD time
Difficulty: INTERMEDIATE
Navigate the depreciation rules that apply when buying or selling a business, including asset allocations, tax adjustments & more!
In this session, we cover:
High level outcomes from the transaction
Allocating Purchase Price to assets
How to identify the assets acquired
Division 40 outcomes for the Vendor
Division 40 outcomes for the Purchaser
What is the impact if they are associates
Division 43 outcomes for the Vendor
Division 43 outcomes for the Purchaser
What if the transaction is now a purchase of the shares?
How to treat other costs incurred on the transaction