Costly mistakes in using deceased estates exemptions from duty
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….
Tax exemptions: hidden duty stings
CGT exempt doesn’t necessarily mean NSW duty exempt. By JIM MAIN.
Stamp duty exemptions: hidden tax stings
Freedom from stamp duty does not necessarily mean freedom from tax or GST. By JIM MAIN.
The latest developments in Law Society advocacy & law reform: May 2016
The Law Society’s Policy and Practice team brings you a wrap-up of the most important issues of the moment.
Trusts and hidden tax stings
Always be careful dealing with trusts. By JIM MAIN.
Practical aspects of the new foreign resident CGT witholding tax
The new foreign resident CGT withholding tax applies to sales contracts entered into on or after 1 July 2016. By DUNG LAM and ALEX WHITNEY.
When a delayed estate means tax stings await
There are significant CGT and duty concessions in administering estates. By JIM MAIN.
Dangerous trusts and hidden tax stings
Whenever you act on the purchase by a trust of any nature, always check the vesting date. By JIM MAIN.
The tangled web of granny flat arrangements
A parent and child co-habiting with the intermixing of financial and proprietary interests is fraught with difficulties. By RICHARD McCULLAGH.
Property settlements and hidden tax stings
Despite time pressures, always be clear on the CGT consequences of a property settlement. By JIM MAIN.
Will making and hidden tax stings
Remember that transfers to beneficiaries of a will under a power of sale or testamentary option are not CGT free. By JIM MAIN.