1 CPD hour

  • On Demand event
    Complete online in your own time (Self-paced)
    • $160.00 excl. GST

Description

Understanding whether an arrangement is a financial arrangement and what options are available for the treatment of income and any losses is important for all practitioners.
This webinar will introduce you to the financial arrangement rules in the Income Tax Act 2007. After attending this webinar, you will be able to spot and deal with:

  • A financial arrangement (for tax purposes) 
  • The most common sources of error in applying related rules 

This webinar will cover the following with particular emphasis on related party transactions:

  • Meaning of financial arrangement 
  • Spreading rules 
  • Cash basis persons 
  • Base price adjustments 
  • Bad debts 

This webinar will suit all practitioners wanting to refresh their knowledge of the financial arrangement rules and, in particular, to check that their related operating assumptions and processes capture common sources of error.

LEARNING OUTCOMES

Attendees with be able to spot, and deal with, a financial arrangement (for tax purposes).

SUITED TO

Practitioners seeking to understand when the financial arrangement rules will apply and common sources of error in practical application.

ORIGINAL BROADCAST DATE

1 December 2016

PRESENTERS

Mike Brunner, Associate Partner & Arron Macdonald, Manager, Crowe Horwath