HD Corporate Tax A Notes LAWS70024

Description

HD Summary Corporate Tax A Notes. Topics include: 1. The policy and problems of taxing companies and shareholders 2. Tax treatment of contributions of share capital and assets to a company 3. Debt-equity classification 4. The corporate shareholder imputation system 5. Private company deemed dividends 6. Franking credit and capital streaming and associated anti-avoidance rules 7. Taxation of company distributions and dealings with interests in companies, including liquidations and share buybacks.