Uncovering the hidden tax risks and how to deal with them :

• Prevent future problems with proactive advice now  
• Problems and solutions when applying the small business CGT concessions  
• The potential impact on losses and pre-CGT assets

There are a range of commercial reasons why clients might want to utilise different share classes within their companies. For example, different share classes can provide a level of flexibility that might otherwise be difficult to achieve. However, clients often don’t appreciate the impact that using different share classes can have on the tax outcome at both the company and shareholder level.   

In the Companies with Different Share Classes webinar, we explore the problems that can arise when a company has different classes of shares. Regardless of whether you have inherited a company client that already has different share classes or you have a client who is looking to introduce different classes of shares, it is crucial to be aware of the impact this can have from a tax perspective.  

What we cover  

We take a practical look at the key issues that need to be addressed when companies have different classes of shares. This session covers:  

•  The significant impact that different share classes can have on accessing the small business CGT concessions  
• Applying the continuity of ownership test to companies that have losses and different share classes  
• Determining whether a company can be part of the family group for family trust election purposes  
• The ATO’s views on dividend access shares and the application of Part IVA  
• Pre-CGT assets, value shifting and more 

Registration includes:

• 1.25 hour on-demand event
• 1.25 accredited CPD hours from the SMSF Association
• Access to the recording and materials available to access for 3 months after purchasing the event 
• Reference guides, slides and case studies