<div data-elementor-type="wp-post" data-elementor-id="1012895" class="elementor elementor-1012895" data-elementor-post-type="post"> <div class="elementor-element elementor-element-d9108b5 e-flex e-con-boxed e-con e-parent" data-id="d9108b5" data-element_type="container" data-e-type="container"> <div class="e-con-inner"> <div class="elementor-element elementor-element-2304bb16 elementor-widget elementor-widget-text-editor" data-id="2304bb16" data-element_type="widget" data-e-type="widget" data-widget_type="text-editor.default"> <p>In this episode of <strong>TaxYak</strong>, our Senior Tax Trainers Phillip London and George Housakos yak with Arthur Athanasiou, Tax Partner at Thomson Geer. They take a deep dive into the burning issues resulting from the Full Federal Court&#8217;s 3:0 decision in favour of the taxpayer in FCT v Bendel issued on 19 February 2025, where an Unpaid Present Entitlement (UPE) was found not to be a loan for the purposes of Division 7A Income Tax Assessment Act (<em>ITAA) 1936</em>.</p><p>For example:</p><ul><li>Taxpayer strategies for UPEs for year ending 2024</li><li>Taxpayer strategies for UPEs for year ending 2025</li><li>What&#8217;s next (Special Leave application to the High Court/Extension of time to file/Test Case funding)</li><li>Taxpayers appeal and objection rights</li><li>Tax Agent Services Act and Breach Reporting Regime risks</li><li>Will the Commissioner now look more closely at other taxation risks:<ul><li>Section 100A Reimbursement Agreements</li><li>Subdivision EA of Division 7A</li><li>Part IVA Tax Evasion</li></ul></li></ul><p>The Bendel decision is not a green light that Division 7A cannot be triggered for UPEs. We hope you enjoy this episode of TaxYak.</p><p><a href="https://www.accurium.com.au/product/the-tax-brief-2025/"><img fetchpriority="high" decoding="async" class="alignnone wp-image-1012872 size-full" src="https://taxbanter.com.au/wp-content/uploads/2025/03/Online-monthly-tax-brief-banner.jpg" alt="Online Monthly Tax Brief Banner" width="800" height="180" /></a></p><p><strong>Listen to Episode 69:</strong></p> </div> </div> </div> </div> <p>The post <a href="https://www.taxbanter.com.au/episode-69-beyond-bendel-when-is-a-upe-not-a-loan/">Episode 69: Beyond Bendel: When is a UPE not a loan?</a> appeared first on <a href="https://www.taxbanter.com.au">TaxBanter</a>.</p>