Published on 06 Feb 2007
| Took place at Holiday Inn Adelaide
This seminar was also held in Darwin on 23 February 2007.
Since 1 July 2000 we have been grappling with the GST legislation and helping our clients incorporate this law into their financial and legal records. In fact, for many advisers involvement with GST issues arose well before that date. Now, more than six years down the track, it is time to revisit some important GST issues and consider how they impact on our clients. These materials incorporate several GST topics to ensure practitioners are giving accurate and up to date
advice in this complex area of taxation law.
Get a 20% discount when you buy all the items from this event.
This paper consists of a series of worked case studies walking through some of the the complexities and traps encountered when dealing with offshore entities. The case studies cover a number of scenarios, including the GST treatment of tax advice provided to a non-resident (individual and company), as well as an example of a non-resident being required to register. Topics include:
imports - who is importing?
exports - when are they GST free and when will the ATO extend the 60 day rule?
the provision of services to a non-resident, and the acquisition of intangibles from offshore.
This paper is a worked case study of a business undertaking restructuring activities, including the acquisition and sale of another business. It covers the the treatment of certain costs, and critically, the implications these activities can have on a business's entitlement to input tax credits. Topics include:
are you making a financial supply?
what is the Financial Acquisitions Threshold (FAT)?
This paper provides a practical overview of a number of GST issues that commonly arise with property developments and presents case studies dealing with:
change of intention - what happens if you change your mind and decide to rent, rather than sell, a development (or vice versa)? Or if you decide to rent after purchasing a 'going concern'?
margin scheme - what are the implications of the recent amendments to the rules?
residential property vs commercial property - understanding the recent Toyama case and the amendments introduced to reverse Marana Holdings: is a supply of property now subject to GST or input-taxed?
retirement villages - are you making input taxed supplies of residential premises, GST-free supplies of accommodation, and/or taxable supplies of additional services? When are maintenance fees input taxed? Dealing with supplies to serviced apartments and supplies by charitable institutions.