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Saturday, Jul 4, 2020

00:12

Timetables

Professional Exams 2020

Qualification: FAE Interim Assessment

Subject: - FAE Tax Elective

Exam Date: 25th April 2020

Course:


We will be providing a full day's intensive preparation course for the FAE (Tax Elective) Interim Assessment which will include the following:

  • The business lifecycle and the tax implications associated with the structure and funding of the business
  • The events which trigger the charge to Capital Acquisitions Tax, Capital Gains Tax and Stamp Duty, with particular focus on the following themes: (a) Transfer of a business to a family member, a third party or on death, (b) Cash Extraction by individuals and companies, (c) Retirement Planning, (d) Reorganisation of a business – with or without a change of ownership, etc. 
  • Identifying opportunities to apply the main business and sectoral reliefs available under both the Capital Acquisitions Tax and Capital Gains Tax codes, and show the differences in qualification for reliefs: (a)Relief for the transfer of a business to a company (CGT), (b) Retirement relief (CGT), (c) Relief for the transfer of site to child (CGT), (c) Negligible value relief (CGT), (d) Revised entrepreneur relief (CGT), (e) Agricultural property and business reliefs (CAT), (f) Relief for surviving spouse/civil partner of a deceased person (CAT), (g) Favourite nephew/niece relief (CAT) and (h) Dwelling house relief (CAT) 
  • How gifts made to or by corporate bodies are charged to Capital Acquisitions Tax. This includes advising on the implications of under/overvalued transactions between directors/shareholders and private limited companies, with particular reference to Close Company provisions
  • The tax law that applies to trusts and estates, to include: (a) Application of 6% and 1% charges, (b) Available Exemptions and (c) Anti-avoidance Provisions
  • Identify and distinguish the treatments between corporate capital distributions and income distributions, and the consequences for both the company and the recipient, to include: (a) Buy-back of shares and (b) Distributions on a liquidation
  • The criteria applying to Corporate Groups so that they can avail of the participation exemption for share transactions, and apply the participation exemption provisions in capital transactions
  • The territoriality provisions in the Capital Taxes, in particular in relation to where assets are situated, and the administrative issues arising therefrom, including Capital transactions with foreign resident/foreign domiciled individuals Section 980 TCA 1997 (Withholding Tax from proceeds of certain disposals (CG50))
  • The Revenue Audit Code of Practice (2017) to include (a) advice on the enquiry, (b) request for assistance, and (c) seizure powers available to Revenue, to include consideration of the enquiry process from Revenue’s perspective.


As all relevant material will be supplied, all you need to bring with you is a pen and paper.



Venue
: 52 Lower O'Connell Street, Dublin 1


Dates:

We will be running an intensive one day revision course on the following dates:
  • Saturday, 21st March 2020 - 9.30am to 5.30pm -  3 Places Left
  • Saturday, 28th March 2020 - 9.30am to 5.30pm. - FULLY BOOKED
  • Sunday, 29th March 2020 - 9.30am to 5.30pm. - FULLY BOOKED
  • Saturday, 4th April 2020 - 9.30am to 5.30pm. -  4 Places Left




PAYMENT IN FULL IS REQUIRED TO CONFIRM BOOKING.



AS OUR COURSES CATER FOR A MAXIMUM OF TWENTY STUDENTS, PLEASE BOOK EARLY TO CONFIRM YOUR PLACE.



Timetables are provisional and subject to change.



Courses will only run subject to demand.




Course Cost:

€100.00

Make an enquiry about this course

Contact Details

52 Lower O'Connell Street,
Dublin 1

Telephone: 01 - 872 8561
Email: info@taxgrinds.ie

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