Published on 06 May 05
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Consulting to primary producers involves more than advice on land, livestock and equipment transactions. With the use of case studies and examples, this paper details some of the practical problems involving intangible assets within the agribusiness industry, including the CGT, GST and stamp duty issues.
It examines the topical issues of the purchase, transfer and sale of:
- water licences
- rock lobster/fishing licences
The paper also provides insight into the treatment of the leasing of various primary production assets including licences and vineyards.
Current at 17 June 2009
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