Published on 30 Jul 14
by VICTORIAN DIVISION, THE TAX INSTITUTE
This paper covers:
- definition of active asset – what type of assets will qualify for small business relief
- can assets deriving rental income ever be considered active assets?
- how “active” is active?
- when will entities be connected?
Eugene joined GMK Centric (formerly Gaddie Metz Kahn) in 1999 to establish the firm’s taxation
division. His knowledge of tax legislation makes him a recognised authority within the profession
and essential advisor to many of the firm’s clients. His areas of expertise include mergers and
acquisitions, restructuring and other high level transactions. Prior to joining GMK Centric, Eugene established and led the tax consulting practice at Webb Martin, an organisation that provides taxation training exclusively to other accountants. This role
gave Eugene an insight into the issues that are pertinent to practitioners dealing with small to
medium sized clients, and made him aware of some of the areas where accounting firms
commonly let their clients down. Excellence in client service has since become a passion of
Eugene’s. Before this, Eugene spent over nine years at Ernst & Young, advising a broad range of clients across the property, franchising, IT and retail sectors
Current at 24 June 2008 Current at 24 July 2008
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Current at 05 August 2014
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