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ID:21346797
大小:137.50 KB
页数:4页
时间:2018-10-21
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1、Division7A:UPEChecklist2013Thefollowingchecklist,preparedbyMooreStephensonbehalfofCPAAustralia,willassistyoutodeterminewhetherSubdivisionEA (ofDivision7A)applies.Tobecompletedeachyearforrelevantentities.Thischecklistisdesignedtodealwithasituationwhere:·aprivatecompanyisowedanunpa
2、idpresententitlementoftheincomeofatrustestate(seesectionA)·thetrusteeofatrustestatethateitherdirectlyorindirectly*owesthepresententitlementtotheprivatecompanyundertakesoneormoreofthefollowingtransactionsinfavourofashareholderoranassociateofashareholderoftheprivatecompany(exceptas
3、hareholderorassociatethatisacompany)#:§aloan(seesectionB)§apayment(seesectionC)or§adebtforgiveness(seesectionD).*Anindirectunpaidpresententitlementowingtoaprivatecompanywouldencompassasituationwherethereareunpaidpresententitlementsowingviaachainoftruststoaprivatecompany.Forexampl
4、e,TrustAhasanunpaidpresententitlementowingtoTrustB,whichhasanunpaidpresententitlementowingtoprivateCompanyC.RulesinDivision7AdeemTrustAineffecttohaveanunpaidpresententitlementowingtoC.#NotethatDivision7Aalsocontainscomplexintegrityrulestoensurethatpayments,loansanddebtforgiveness
5、throughaninterposedentityarealsopotentiallycaught.Themainfocusofthischecklistisonthetransactionundertakenbyatrustthateitherdirectlyorindirectly(e.g.viaachainoftrusts)owestheunpaidpresententitlementtotheprivatecompany.Note:thischecklistdoesnotdealwithunpaidpresententitlementsonceo
6、wingbyatrusttoaprivatecompanythathavebeensubsequentlydischargedinthattheyhavebeenconvertedtoloans.PleaserefertoCPAAustralia’sstandard2013Division7AChecklistinthesecircumstances.DisclaimerCPAAustraliaandtheauthorshaveusedreasonablecareandskillincompilingthecontentofthismaterial.Ho
7、wever,CPAAustraliaandtheauthorsmakenowarrantyastotheaccuracyorcompletenessofanyinformationinthesematerials.Thismaterialisintendedtobeageneralguideonly.Allpractitioners,readers,viewersandusersareadvisedtoundertaketheirownresearchortoseekprofessionaladvicetokeepabreastofanyreformsa
8、nddevelopmentsinthelaw.Totheextentpermit
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