Deceased estate transfers: risks and tips for navigating a transfer duty minefield
An oversight when transferring dutiable property from a deceased estate can leave a beneficiary exposed to a significant duties notice.
An oversight when transferring dutiable property from a deceased estate can leave a beneficiary exposed to a significant duties notice.
Division 7A of the Income Tax Assessment Act 1936 is a poisonous well of hissing snakes for general practitioners, writes JIM MAIN.
Some salutary lessons in end of financial year tax stings.
Reporting and analysis of the High Court’s most recent notable decisions. By ANDREW YUILE.
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.
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….
Reporting and analysis of the latest key judgments from the High Court of Australia. By ANDREW YUILE.
There are multiple different GST scenarios requiring separate analysis. According to Jim Main, taxpayers must be careful when using the margin scheme and the going concern exemption….
From 1 October 2016, legal services may be GST-free in a broader range of circumstances. The reforms potentially benefit both non-resident clients and law firms….
A provision in a tax treaty is to be interpreted according to its language, context, and object and purpose. By STEPHEN TULLY.
Knowing what to do if the Commissioner of Taxation forms a fraud or evasion opinion is no academic exercise. By LOUISE McBRIDE.
Freedom from stamp duty does not necessarily mean freedom from tax or GST. By JIM MAIN.
There are significant CGT and duty concessions in administering estates. By JIM MAIN.