GST

Silent partners, loud tax

A farm sale exposes costly CGT and GST traps when legal ownership, partnership accounts and the purchaser’s intended use are overlooked.

GST considerations: Don’t always run with the sheep

Solicitors should be aware when ‘GST free supply of farmland’ is applicable and whether the purchaser intends to ‘carry on a business’.

Aerial view of city CBD

Company directors personally liable for GST

Advising companies on the new personal GST liability applying to company directors.

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