Published on 29 Jan 04
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
This seminar paper covers the following:
- what are they and why do you need one?
- mandatory vs option agreements
- trigger events (funded and unfunded)
- valuation issues
- taxation implications (CGT, stamp duty and GST)
- debt/guarantee issues
- funding with insurance - who owns the policy? who pays the premiums?
This paper was also presented by Paul Hockridge at the Estate and Business Succession Planning seminar held in Melbourne on 7 October 2004.
Kirrily has been practicing in commercial and taxation law for the past 10 years based in the NT and SA where she was a Senior Associate with Minter Ellison. In 2005 Kirrily established her own business 'Document Shop' which is a web based business selling legal documents on-line for companies, trusts and super funds.
- Current at
31 March 2010
Paul Ingram, CTA is a Partner at Minter Ellison and practises in all areas of taxation law, with a particular focus on CGT, business structures, GST and stamp duty. Paul is a member of the Institute's SA Technical Resource Committee, and represents that committee on RevenueSA's SA State Taxes Liaison Group. He is also a member of the Institute's national Not-for-profit Technical Committee, and previously represented that committee on the ATO's Not-for-Profit Advisory Group. He is also an active member of the Taxation Committee of the Law Council of Australia.
- Current at
28 September 2017