The Tax Adviser's Guide to Part IVA (online)

Written by Greg Travers, CTA, William Buck

The Tax Adviser's guide to Part IVA provides an understanding of how to apply the general anti-avoidance rule in a practical and relevant way.

All tax advisers should have an understanding of Part IVA. This practical and readable guide helps you navigate these rules to determine if Part IVA may apply to an arrangement your client has entered into, or is considering entering into. This guide (current as at February 2014), provides a practical, high level approach to Part IVA:

• What are the "red flags" you should be looking for?
• Identifying if the ATO has an established position on similar matters
• Flowcharts and worksheets that steer you through a structured approach to Part IVA
• Practical tips and guidance on how to deal with situations where a material Part IVA risk exists

How Part IVA can apply to common scenarios including:

• Personal services income
• Small business concessions
• Split loans and other financing arrangements
• The use of discretionary trusts
• Wash sales
• Year-end tax planning
• Business structuring and restructuring

Additionally the guide covers the practicalities of the key elements of Part IVA - schemes, alternate postulate and dominant purpose; an overview of key case law and the core "takeaways" ; and dealing with the ATO on a Part IVA situation.

The annual online subscription includes:

• 12 months access to the online book;
• 2 structured CPD hours.