Convert loan into equity

Question

BlakeATO · Accepted Answer

Whether or not you can do a debt for equity swap is going to be dependent on the Corporations Act 2001. This is handled by ASIC, so you'll need to contact ASIC to find out. Whether the final books need to include or write off the equity is something to ask your financial advisor.

Explore tax & super topicsExplore tax & super topics

About usAbout us