Published on 02 May 13
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Transferring and dividing family property between the parties in a relationship breakdown will give rise to questions of tax liability and whether it can be deferred or avoided. It is common for family lawyers and their clients to rely very strongly on the accountant or other tax adviser to identify the tax issues and consequences so that these can be taken into account in making decisions.
Mainly using case studies, the paper covers:
tax concessions, including CGT, Div 7A, child maintenance trusts and super splitting
restructuring or other changes concerning family property before final orders
other tax issues, including FTEs, GST, stamp duty and large tax liabilities
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.