Published on 15 Feb 13
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
This paper reviews a number of the practical problems, related to income tax and CGT, that all practitioners need to be aware and consider, including:
we all know about the income/capital distinction but, in practice, when can taxpayers claim capital treatment?
claiming the Div 152 small business concessions in connection with real property developments?
joint venture issues (including using unit trusts to hold & develop real property)
capital works/depreciable assets/fixtures.
Simon How CTA
Simon How is a Director in Corporate Tax at KPMG with over 18 years’
experience in advising a wide range of clients through KPMG and previously at
the ATO. He has a particular interest in private group tax issues, international
transactions, M&A and property related tax issues. Current at 05 July 2016
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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