Corporate Tax

Create wealth, Manage wealth, Inherit wealth

At SWA, we understand the corporate tax environment can be complex to understand for management and shareholders. There is never a one-size-fit-all approach when it comes to taxation. This is why we partner with our clients to understand their requirements whether it be an acquisition, divestment, expansion offshore or simply to rationalise a historically complex structure. SWA is committed to exploring opportunities together with our clients and providing the desired tax effective outcomes for your business needs.

Smart Wealth Advisors can help with:

Tax compliance Tax consolidation Mergers and acquisitions Thin capitalisation

Preparing and lodging income tax returns for tax consolidated groups, companies, trusts, and partnerships
Considering the controlled foreign company (CFC) rules for corporate groups with offshore operations
Maintaining the franking account and advising on means of profit distributions
Advising on the satisfaction of tax loss carry back rules (new from 2020-21Federal Budget announcement) and tax loss carry forward rules including the continuity of ownership test and similar business test
Compliance reviews/health checks

Outlining the advantages and disadvantages of forming a Tax Consolidated Group
Advising on implications for when one group acquires another or an entity leaves a Consolidated Group
Advising on the implications for continued availability of tax losses being brought into the group and re-setting the tax base of the underlying assets

Advising on structuring a merger or acquisition transaction
Preparing for and executing an initial public offer
Undertaking tailored tax due diligence procedures to ensure key issues are identified to the relevant stakeholders

Considering ownership structures of international corporations in respect to the thin capitalisation rules
Structuring the debt and equity mix in a transaction to ensure that the deductibility of interest is not compromised