MasterNuggets with Meng: Breaking Down the Small Business Restructure Rollover

Explore the small business restructure rollover, focusing on eligibility and key considerations through a practical case study.

In this session, we cover:

• Small Business Restructure Rollover (Subdiv 328-G of ITAA97)

• Definition of Small Business Entity

  • Eligibility Criteria

  • Genuine Restructure & Safe-harbour

  • Eligible entities

  • Ultimate Ownership

  • Active Asset

• Consequences of rollover