Land tax trusts: selected issues paper

Member Price: $55.00

Non Member Price: $71.01

Publication date: 07 Feb 06

Source: VICTORIAN DIVISION, THE TAX INSTITUTE

Abstract:

This paper discusses issues arising in the following areas under the Land Tax Act 2005 (as amended by the Duties & Land Tax Acts (Amendment) Act 2005:

  • SRO Audit and enforcement activities
  • ownership through equitable interests, unitholdings, common trustees and beneficiary nominations
  • principal place of residence (PPR) unit and discretionary trusts
  • restructuring, varying and winding up landholding trusts
  • primary production exemption
  • valuations.

Author profile:

Author Photo - Ronald Jorgensen FTIA
Ronald Jorgensen FTIA
Ron is a Principal of Harwood Andrews Lawyers and primarily consults on federal and state revenue laws and revenue litigation. Ron also advises in respect of business structuring, tax sensitive commercial transactions and property developments. He is a member of numerous technical and advisory taxation committees with the Taxation Institute and the Law Institute of Victoria. Ron holds a Master of Laws (Taxation) and is a LIV Accredited Specialist in Tax Law.
Current at 01 March 2012
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This was presented at Holding Land in Trusts Post 2005: What you need to know about the new land tax rules.

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Land tax: overview of new trust measures
Author(s):  Michael TAYLOR-SANDS

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Land tax trusts: selected issues
Author(s):  Ron JORGENSEN

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