shopping_cart

Your shopping cart is empty

  • Home
  • The distinction between capital and income receipts: case studies (Lachlan Wolfers)

The distinction between capital and income receipts: case studies (Lachlan Wolfers)

Member Price: $57.00
Non Member Price: $75.00

DisclaimerThis material is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Published on 29 Aug 02 by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA

This seminar paper provides case study examples and discusses: why the difference between capital and income receipts still matter, what tests have the Courts applied to distinguish between capital and income receipts, what tests are currently in the ascendancy, CGT discount regime and CGT small business concessions, property transactions, share transactions and lease inducements.

Author profile

Lachlan Wolfers CTA
Lachlan is the Global Head of Indirect Tax for KPMG, as well as leading the Indirect Tax and Tax Technology practices for KPMG China. As part of his role in KPMG China, Lachlan led KPMG China’s efforts in relation to the VAT reform pilot program in China, including providing advice to various Government agencies in relation to several key aspects of the VAT reforms, including the application of VAT to financial services, insurance, construction and real estate, transfers of a business, as well as other reforms relating to the introduction of Advance Rulings in China. Previously he was a partner of KPMG Australia for over 11 years as the head of Indirect Tax in Sydney, and the National head of Tax Controversy services for KPMG Tax Lawyers Pty Ltd. Lachlan is also formerly a Director of the Tax Institute. - Current at 30 September 2019
Click here to expand/collapse more articles by Lachlan R WOLFERS.

 

This was presented at 10th National Tax Instensive Retreat - "Every Tax Old Is New Again" .

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

Individual sessions

The distinction between capital and income receipts

Author(s):  Rob O'CONNOR

Materials from this session:

Evaluating the new general value shifting regime

Author(s):  Dr Michael DIRKIS

Materials from this session:

Demergers and corporate reconstructions

Author(s):  Gordon THRING

Materials from this session:

Workshop: demergers

Author(s):  Tony BAXTER,  Mark FRIEZER,  Damien L LOCKIE,  Peter MURRAY

Materials from this session:

Tax issues on winding up

Author(s):  Andrew SINCLAIR

Materials from this session:

Foreign currency gains and losses

Author(s):  Tony FROST

Materials from this session:

Further details about this event:

 

Copyright Statement
click to expand/collapse