What is a declaration of trust for stamp duty purposes?
NSW Court of Appeal delivers welcome clarity on the definition of a ‘declaration of trust’ for stamp duty purposes.
Paradise Lost: Glencore loses High Court bid to extend legal professional privilege
Massive data breach leads the High Court to consider novel arguments on legal professional privilege in Glencore decision. By TALITHA FISHBURN.
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.
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.
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.
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.
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….
Options and hidden tax stings
What applies to GST does not necessarily apply to CGT. By JIM MAIN.
A peek into the workings of offshore tax havens
Incorporating through an offshore haven is straightforward and relatively expensive. By BEN SEWELL.
Succession planning and hidden tax stings
Every succession plan has tax implications. Ensure your client gets good tax advice elsewhere if you can’t give it. By JIM MAIN.
Tax stings and GST tales of woe
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….