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Avoid tax flood on water licences

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Published on 01 Dec 05 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

This article examines the potential tax ramifications of dealings in water rights from a primary production perspective. In particular, it focuses on the capital gains tax issues.

Author profiles

Susanne SCHWARZ
Solicitor, Thomson Playford Current at December 2005
Peter Slegers CTA
Photo of author, Peter SLEGERS Peter heads Cowell Clarke's tax and revenue practice group. He advises and acts for a wide range of public and private companies as well as for the trustees of self managed superannuation funds. Peter’s areas of expertise include: income tax (as it impacts on business and high net worth clients); capital gains tax; goods and services tax; state taxes and superannuation law. Peter is regularly involved in advising SMSF trustees on issues associated with superannuation income streams. Peter is a member of the Australian Institute of Company Directors and the SMSF Professionals Association of Australia Ltd in addition to being a member of the Tax Institute’s South Australian State Council. - Current at 08 October 2019
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