Income tax is complex and often calls for tax expertise. Auditors and accountants need a basic understanding of income-tax principles so that they can discharge their responsibilities. This session will cover them as well as new developments affecting 30 June determinations.
The session looks at:
- Determination of taxation liability
- Rules for recovery of tax losses
- Tax consolidations
- Thin capitalisation rules
- Transfer pricing
- Franking, and
- Recent legislative and ATO activities.