Saturday, March 13, 2010

Tax issues with selling Ten and transfering the money out of Canwest, before the taxes settled

Tax issues with delaying sale to begin in the new tax year, combined agreements to transfer these funds out of the company, signed on the last day of the Canwest 09 tax year.

Australian Ten leverage investment bought for 66 million. [reference]
600 million gain on sale
Australian and Canadian tax issues


http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1089546



R. v. The Sands motor Hotel Ltd. The creditor, the federal Crown, wished to collect taxes from a company that became insolvent, after excessive dividends.