division 7a amendments

Covid 19 and Division 7A Relief | Taxwise Australia | (08) 9248 8124

COVID-19 and Division 7A Relief

By Warren Kruger / July 28, 2020 / 0 Comments

  | | | The ATO has announced some limited relief for private companies that have loans to their shareholders or related parties that are governed by what are referred to as “complying loan agreements”. A complying loan agreement is entered into to avoid triggering an assessable deemed dividend that could potentially be equal to […]

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