Published on 24 Mar 99
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
This paper considers small business rollovers and the special rules relating to goodwill - goodwill in the context of rolling over a business to a company. The author focuses on the CGT issues that will arise pursuant to a rollover transaction where the asset which is the subject of the rollover is goodwill. That is the intersection of these ideas - what aspects of the joint operation of rules on goodwill and the rules on rollovers can give rise to pitfalls or opportunities.
Graeme is Professor of Taxation Law at the University of Sydney and a consultant to Greenwoods & Herbert Smith Freehills. He is a former Chair of the New South Wales State Council of The Tax Institute and former member of the National Council. He has worked as a consultant to the ATO, Treasury, Board of Taxation, United Nations, OECD, World Bank, the International Monetary Fund and several foreign governments. He was admitted to legal practice in New South Wales and Victoria, and practised commercial law and tax in Sydney before entering teaching. He has taught in law schools in Australia, Europe and the United States, and holds degrees from the University of Sydney, University of Illinois and Columbia University, New York.
- Current at
12 January 2018