Changing trustees and landholder duty pain
Consider the landholder duty provisions whenever shares in a company or units in a unit trust are being transferred in landholding entities.
By Amanda Tully - 4 min readConsider the landholder duty provisions whenever shares in a company or units in a unit trust are being transferred in landholding entities.
By Amanda Tully - 4 min readThere are complex tax rules when dealing with company shares. Practitioners should be aware of the relevant legislation and if unsure, seek specialist advice.
By Jim Main - 4 min readStamp duty on shares was abolished some time ago, but don’t forget about landholder duty.
By Michaela Schmidt - 4 min readRemember that transfers to beneficiaries of a will under a power of sale or testamentary option are not CGT free. By JIM MAIN.
By Jim Main - 3 min readThe ATO is working on improving its internal systems in recognition of the important role legal practitioners play in assisting taxpayers in their dealings with…
By Tania Waterhouse - 5 min readA third-party loan guaranteed by a private company can be deemed an unfranked dividend to the borrower under division 7A of the Income Tax Assessment Act…
By Jim Main - 3 min readWhenever there are two or more contracts covering what is essentially one business deal, be aware that section 25 of the Duties Act 1997 (NSW) may apply….
By Jim Main - 3 min readThe Full Federal Court has confirmed there is no requirement that a “public benevolent institution” must provide relief directly to those in need. By MARK…
By Mark Friezer and Louisa Wu - 4 min readA buyer has no obligation to top up for GST unless it is in the contract. By JIM MAIN.
By Jim Main - 3 min read