Published on 01 Feb 06
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Practitioners are often called upon by clients to advise on the tax implications of buying and selling property that has been, or is intended to be, used to produce assessable income. Obviously, consideration of holding structures and capital gains tax issues will be at the forefront of both clients and practitioners minds in the pre-sale/pre-purchase due diligence process, but what about the capital works deduction provisions in Div 43 of the Income Tax Assessment Act 1997?
Michael is Partner at Hall & Wilcox, Lawyers. Michael's practice focuses on Capital Gains Tax, business sales, acquisitions & restructuring and business sales & acquisitions.
Current at 22 October 2007
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