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Courses/Accounting & Tax/Income Tax

LTCs: Ownership Changes and Their Implications

Tax Implications and Practical Insights

Created byTEO Training
BeginnerUpdated Jan 19, 2025
LTCs: Ownership Changes and Their Implications

What You'll Learn

check_circleUnderstand more fully the income tax issues in dealing with LTC shareholding changes
check_circleApply the law with more confidence
check_circleBetter identify issues to be addressed when LTC shareholding changes

About This Course

The LTC regime has been with us for over ten years but many are still unsure of the rules around entering and exiting the regime. In this webinar we will consider the income tax implications when shareholder ownership changes occur in an LTC.

The webinar will cover a number of income tax issues that arise when shareholder ownership in a LTC changes, on deemed disposals, on opting out of the regime or when the company is wound up.

Specifically, the webinar covers:

  • Ceasing to be an LTC
  • Disposal of shares
    • De Minimis
    • Safe harbour exclusions
    • Allocation in the year of disposal
  • Other types of disposal
    • Deemed disposals
    • Disposal under a relationship property agreement 
    • Transfer on death of a shareholder
  • Three case studies involving property

The webinar will use examples and case studies to identify and clarify some of the difficulties that are associated with the income tax issues identified.

Suited to:

  • Intermediate through to advanced accountants in public practice
  • Corporate accountants
  • Anybody involved with LTC clients

Your Instructors

TEO Training
TEO Training
menu_book204 courses
star224 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Mike  Hadwin
Mike Hadwin

Director, Symmetry Advisory

Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 30-plus years of tax experience as a public Chartered Accountant (CA) and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.

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We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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