Published on 08 May 09
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
The amendments to the Land Tax Act that came into effect from 1 July 2008 continue to present challenges and obstacles for many practitioners and their clients.
This paper addresses:
- the legislative amendments
- Revenue SA view
- structuring and restructuring in the current environment
- weighing up the land tax saving versus the CGT and stamp duty costs
- issues with trusts.
Bernie Walrut, CTA practises as a barrister, whilst primarily undertaking advice work, he does appear in the Supreme and Federal Courts and tribunals in taxation and valuation matters. Whilst practising broadly in commercial work over four decades, of recent times his work has been predominantly taxation, trusts and estates, succession planning, commercial and valuation matters and some major commercial and infrastructure projects. Bernie holds an LLB and Masters degrees in Taxation, Law, Information Technology and Aquaculture and a PhD from the University of British Columbia.
- Current at
31 October 2017