Published on 26 Jul 07
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
The CPT Custodian case has been much discussed in tax circles but what are the implications for State taxes? This paper considers:
- the importance of what CPT Custodian decided for your practice
- subsequent cases: Halloran, Pearson & CPT Manager
- how does CPT Custodian affect the consequences of a resettlement or declaration of trust?
- 'land rich' duty implications - Commonwealth Managed Investments and State legislative responses
- land tax implications.
Russell is a Melbourne commercial and equity barrister with a special interest in state taxation issues. Immediately prior to coming to the Bar in 1982 he was a Deputy Comptroller of Stamps (Victoria). He took silk in 1999.
- Current at
08 May 2007