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GST, CGT and income tax issues for property transactions

Published on 23 Aug 02 by TASMANIAN DIVISION, THE TAX INSTITUTE

This seminar paper provides strategies to assist in minimising both GST and CGT in property transactions. It also covers a number of recent rulings (both draft and final) issued by the ATO in both a GST and CGT context.

Author profile:

Lachlan R WOLFERS
Lachlan is a tax partner at KPMG and a director of KPMG Tax Lawyers Pty Ltd. Lachlan is the leader of KPMG's indirect tax practice in Sydney, and in recent years, has developed an extensive tax litigation practice. Lachlan is a National Councillor of the Taxation Institute, and Chair of its Corporate Subcommittee and former Chair of its GST and Indirect Tax Subcommittee. Lachlan has written for a vast range of publications, including on the topics of CGT, GST and income tax, and is a regular media commentator on tax matters.
Current at January 2009
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