Published on 01 Nov 98
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
The identification of goodwill has been one of the more contentious areas of CGT, and is important, particularly for small business, because of the concessions available on the sale of goodwill. This article looks at the workable definition of goodwill and the concerns for practitioners.
Prof Gordon Cooper CTA Life
Professor Cooper is a Chartered Accountant in sole practice at Cooper & Co. He is an Adjunct Professor in the School of Taxation and Business Law (incorporating the Australian School of Taxation) at the University of New South Wales. In June 2003, he was awarded an AM in the Queen’s birthday honours for “Services to the tax profession and to the community as an adviser on national taxation and legislative reform, and through education and professional organisations”. Together with Chris Evans and Kirk Wilson, he is an author of the Australian CGT Handbook, now in its seventh edition. Current at 11 March 2016
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