Tax Aspects of Winding Up Companies

Examine the tax aspects of liquidating and winding up companies, including distributions to shareholders & more in this intensive.

In this session, we cover:

• Introduction to winding up companies​

• Franking dividends and retained profits​

• Tax implications of winding up companies​

• Procedural & Substantive issues​

• Pre-CGT gains or assets​

• Accumulated profits & Unapplied losses​

• Loss of tax incentives​

• Informal winding up​

• Formal winding up & Liquidation​

• Status & treatment of assets​

• Post-CGT companies and assets​

• Trading stock​

• Depreciating assets​

• Distributions & Tax implications for shareholders

Date recorded: 16 January 2025