Published on 12 Oct 07
by VICTORIAN DIVISION, THE TAX INSTITUTE
The admission and retirement of partners from professional practices raise many complex issues. This presentation updates on developments in the relevant law and practice focusing on:
- entry and exit tax issues for partners in professional partnerships
- how the issues are dealt with at a practical level - common approaches taken in partnerships
- the law relevant to the issues - McNally.
Dr Damien Lockie, FTIA (Life), is a Barrister-at-Law at the
Victorian Bar and an Adjunct Professor of Law at Bond University.
Dual qualified in law and accounting, Damien has over 30 years
experience as a Solicitor, Accountant and advocate specialising in
property and environmental laws and federal and state revenue laws.
- Current at
01 March 2012
Chris is now operating his own specialist tax consulting practice. Chris was previously a principal in the tax consulting division of Deloitte Private in Melbourne. A finalist in The Tax Institute’s Tax Adviser of the Year Awards for 2020, he has over 30 years’ experience in the chartered accounting profession and is co-chair of The Tax Institute’s SME & Tax Practitioner Technical Committee and a member of the Victorian State Technical Resource Committee. Chris was also a member of the Board of Taxation’s Reference Group for its recently released Review of Small Business Tax Concessions. His experience, centred on issues encountered by private groups and includes advising about applying CGT rollovers to facilitate moving from one entity structure to another.
- Current at
16 August 2021