Funding requirements is one of the first criteria to consider when restructuring a business. Companies and taxpayers would choose the best option when acquiring shares to minimise tax liabilities. The purpose of this study is to formulate an interest deductibility test which provides guidance to taxpayers regarding the main criteria to investigate when restructuring a business transaction to ensure that interest will be deductible on the acquisition of shares with borrowed funds. The findings reveal the similarities and differences of the interest deductibility as seen by South Africa, Australia and Canada. This study will present the legislation as well as court cases in South Africa, Australia and Canada to demonstrate the interest deductibility principles when funds are borrowed to acquire shares when restructuring a business. The focus will be on these principles to provide guidelines from which taxpayers can determine the interest deductibility with respect to share purchasing transactions. The study will indicate recommendations to South African legislation based on the findings of alternative treatments applied by Canada and Australia. / Thesis (MCom (South African and International Taxation))--North-West University, Potchefstroom Campus, 2013.

Funding requirements is one of the first criteria to consider when restructuring a business. Companies and taxpayers would choose the best option when acquiring shares to minimise tax liabilities. The purpose of this study is to formulate an interest deductibility test which provides guidance to taxpayers regarding the main criteria to investigate when restructuring a business transaction to ensure that interest will be deductible on the acquisition of shares with borrowed funds. The findings reveal the similarities and differences of the interest deductibility as seen by South Africa, Australia and Canada. This study will present the legislation as well as court cases in South Africa, Australia and Canada to demonstrate the interest deductibility principles when funds are borrowed to acquire shares when restructuring a business. The focus will be on these principles to provide guidelines from which taxpayers can determine the interest deductibility with respect to share purchasing transactions. The study will indicate recommendations to South African legislation based on the findings of alternative treatments applied by Canada and Australia. / Thesis (MCom (South African and International Taxation))--North-West University, Potchefstroom Campus, 2013.

Работа состоит из введения, трех глав, заключения, библиографического списка, включающего 60 наименования источников, 8 приложений. В работе представлено 24 таблицы и 6 рисунков. Общий объем ВКР 101 страница. Цель исследования - разработка направлений совершенствования механизма обеспечения финансовой устойчивости предприятия. Объект исследования - ПАО Газпром, предмет исследования - механизм обеспечения финансовой устойчивости организаций и путей ее укрепления. Научная новизна исследования состоит в разработке мероприятий по укреплению финансовой устойчивости предприятия. Теоретическая значимость исследования состоит в развитии инструментов повышения финансовой устойчивости, ликвидности и платежеспособности компании. Практическая значимость исследования – результаты, приведенные в работе могут быть использованы на предприятии для дальнейшего планирования системы финансового управления в компании. / The work consists of an introduction, three chapters, a conclusion, a bibliography including 60 sources, 8 appendices. The work contains 24 tables and 6 figures. The total volume of the WRC is 101 pages. The purpose of the study is to develop directions for improving the mechanism for ensuring the financial stability of the enterprise. The object of the study is PJSC Gazprom, the subject of the study is the mechanism for ensuring the financial stability of organizations and ways to strengthen it. The scientific novelty of the research lies in the development of measures to strengthen the financial stability of the enterprise. The theoretical significance of the study lies in the development of tools to increase the financial stability, liquidity and solvency of the company. The practical significance of the study - the results presented in the work can be used at the enterprise for further planning of the financial management system in the company.