Jack and Jill went up the hill
A simple conveyance unravels after a trust structure is missed, revealing how section 18(3) and Revenue Ruling DUT010v2 can trap unwary practitioners.
By Michaela Schmidt - 1 min read
Why your initial choice of entity is so important
As your initial choice of entity has long-term consequences, it’s important to give it careful consideration. By JIM MAIN
By Jim Main - 1 min read
Advising on the purchase of land? Beware the sting of GST withholding
Beware the sting of GST withholding when advising the purchase of land. By JIM MAIN
By Jim Main - 1 min read
Buying or selling: beware the sting of GST
Presume the sale of a new house to be subject to GST unless established otherwise. Always think GST when buying or selling. By JIM MAIN.
By Jim Main - 1 min read
Succession planning: why communication between lawyers & accountants is crucial
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.
By Jim Main - 1 min read
Regulators’ investigatory powers and the Harman obligation not to disclose
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…
By Michael Legg and Stephen Speirs - 2 min read
Taxation: the tricky business of amending trust deeds
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.
By Jim Main - 1 min read
Strangely foreign: recent NSW duty and land tax surcharges
Determining whether a landowner is a ‘foreign person’ can be complicated, State duty and surcharge outcomes can be surprising. By KEN LORD.
By Ken Lord - 2 min read
Death by crocodile: not necessarily tax-free
Death is not necessarily tax-free. Always consult with clients’ accountants and financial planners when making their will. By JIM MAIN.
By Jim Main - 1 min read
Accountants and lawyers: friends or adversaries?
Every transaction involving a company has potential tax issues. Landholder duty remains an issue under the Duties Act 1997 (NSW). By JIM MAIN.
By Jim Main - 1 min read
Marriage breakdown: why it pays to be on the ball about taxation
CGT exempt is different from income tax exempt and all not asset transfers are exempt on a marriage breakdown. By JIM MAIN.
By Jim Main - 2 min read