Skip to main content

Your shopping cart is empty

Buy/sell agreements, funding and insurance - tax, practical and commercial aspects paper


Where more than one party is involved in a business, providing upfront agreed mechanism for separation is something that can ensure that drawn out separation squabbles are avoided. It is essentially the equivalent of the pre-nuptial in a business settings and needs to be carefully considered including bearing in mind the likely issues and consequences.

This paper covers:

  • why we have buy/sell agreements
  • funding options, including insurance
  • tax considerations on insurance – who owns the policy, who pays the premium
  • limitations to insurance and wider considerations
  • options and consequences when buy/sell triggered – income tax (including CGT), stamp duty, other fiscal implications
  • generally no perfect answer – some practical case studies.

Author profile:

Scott McGill CTA
Scott McGill, CTA, is a Partner at Pitcher Partners Sydney where he focuses on taxation, business, structuring and succession issues for a wide range of clients. Scott also heads the property industry speciality in the Sydney practice working with small and large developers, retirement villages/aged care and investors. Scott has extensive experience in income tax, GST and state taxes from both his time in public practice as well as the ATO, and has a reputation for achieving commercial outcomes on complex issues. Current at 19 October 2016 Click here to expand/collapse more articles by Scott MCGILL.

This was presented at NSW 10th Annual Estate and Business Succession Planning.

Get a 20% discount when you buy all the items from this event.

Individual sessions

Do you need to be putting in place a guardianship agreement as well as an enduring power of attorney?

Author(s):  Richard NEAL

Materials from this session:

Further details about this event:


Copyright Statement