Overview
Section 7C has been around for some time but there are some significant changes to take note of. Loans to companies may now also be subject to section 7C. Does section 7C now preclude the use of loan funding? Debt write off, debt substitution and debt conversion to equity appears are all now taboo, or so it appears to be.
The purpose of this course is to provide guidance on the section 7C application, and the various compliance and planning issues faced by tax practitioners.
Course Content
- Loans to trusts and companies
- Interest rate and interest calculations
- Acquiring a debt
- Converting debt
- Interaction between section 7C and section 31
- Section 7 and section 7C – in conflict?
- Non-resident funders and beneficiaries – s7(8) and s7C as double tax?
Venues & Dates
The following venues and dates are available for this event.