shopping_cart

Your shopping cart is empty

Succession issues for privately owned businesses paper

Published on 10 Aug 07 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE

Intergenerational business transfers present enormous challenges for tax advisers. This paper highlights some of the taxation and practical issues associated with the life-cycle of a typical small business entity such as a sole trader, partnership, company or trust. The paper also examines opportunities for transferring assets into superannuation, appropriate estate planning strategies for small businesses, family law considerations and bankruptcy considerations. Matters discussed include:

  • discussion on the typical life-cycle of a privately owned business
  • efficient transfer of control and succession planning
  • impact of stamp duty
  • estate planning and bankruptcy issues
  • family law considerations.

Author profile

Robert Sceales CTA
Robert is the Senior Partner of Sceales Lawyers. He commenced practice as a lawyer in 1971, in South Africa. He moved to Perth in 1986, and practised with a large law firm until establishing Sceales & Company in 1994. He has extensive experience in all areas in which the firm advises, particularly in relation to all Commonwealth and State taxation matters. - Current at 01 November 2017
Click here to expand/collapse more articles by Robert WF SCEALES.

 

This was presented at Western Australian Annual Convention .

Get a 20% discount when you buy all the items from this event.

Individual sessions





MIS tax planning - a new landscape

Author(s):  Ian MORTLEY

Materials from this session:



Section 45B: dealing with Frankenstein's creature

Author(s):  Paul SOKOLOWSKI,  Ben HAYWARD

Materials from this session:

Financial planning post 1 July 2007

Author(s):  Jemma SANDERSON

Materials from this session:



Further details about this event:

 

Copyright Statement
click to expand/collapse