Careful attention required with foreign trusts and duty. By AMANDA TULLY
Succession law and planning is complex. With state and Federal revenue laws often in conflict, lawyers and accountants need to work together. By JIM MAIN.
A recent High Court decision clarifies the Commissioner of Taxation’s power to require the production of documents, and the later use of those items. By…
Amending a trust deed is a tricky business. Tax must always be taken into account, and NSW duty must also be considered. By JIM MAIN.
Determining whether a landowner is a ‘foreign person’ can be complicated, State duty and surcharge outcomes can be surprising. By KEN LORD.
Death is not necessarily tax-free. Always consult with clients’ accountants and financial planners when making their will. By JIM MAIN.
Every transaction involving a company has potential tax issues. Landholder duty remains an issue under the Duties Act 1997 (NSW). By JIM MAIN.
CGT exempt is different from income tax exempt and all not asset transfers are exempt on a marriage breakdown. By JIM MAIN.
Care needs to be taken when beneficiaries to an estate propose to enter into a deed of family arrangement to prevent duty being triggered unintentionally….
What applies to GST does not necessarily apply to CGT. By JIM MAIN.
Every succession plan has tax implications. Ensure your client gets good tax advice elsewhere if you can’t give it. By JIM MAIN.