| Unsecured Division 7A Loan Agreements | ||
| We will provide documentation to create an unsecured Division 7A Loan Agreement, in which a company makes a loan to shareholder(s) of the company or to associate(s) of a shareholder of the company. Without a loan agreement, loans made to shareholders or their associates may be deemed to be dividends and taxed accordingly.
Documents include Copies of the Loan Agreement and Minutes of Meeting of Directors. Legal, financial and taxation advice, as appropriate, should be obtained before the documents are signed and the loan is made. |
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