B1 Eastern Solicitors Law Association Tuesday 12 July 2016 By Chris Wallis Greens List.

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Presentation transcript:

B1 Eastern Solicitors Law Association Tuesday 12 July 2016 By Chris Wallis Greens List

What is a small business entity? s B2  T ABC Pty Ltd The No.1 Trust  T The No. 2 Trust DEF Pty Ltd Current Year Business

Who is an affiliate of Blue? s B3  ABC Pty Ltd Business  ABC Pty Ltd Business  ABC Pty Ltd T The No.1 Trust

Who is an affiliate of Red? s B4  ABC Pty Ltd Business  ABC Pty Ltd Business  ABC Pty Ltd T The No.1 Trust

Who is an affiliate of Blue? s B5  Business   ABC Pty Ltd T The No.1 Trust T The No.1 Trust T The No.1 Trust

Who is an affiliate of Red? s B6  Business   ABC Pty Ltd T The No.1 Trust T The No.1 Trust T The No.1 Trust

Who is an affiliate of Blue? s B7  T ABC Pty Ltd The No.1 Trust  T The No. 2 Trust DEF Pty Ltd Business

Who is an affiliate of Red? s B8  T ABC Pty Ltd The No.1 Trust  T The No. 2 Trust DEF Pty Ltd Business

Connected with? 3 tests in one B9 The first entity OR The first entity’s affiliates OR The first entity AND The first entity’s affiliates

Who is connected with Blue? s B10  T ABC Pty Ltd The No.1 Trust  ABC Pty Ltd