Published on 08 Nov 02
by NORTHERN TERRITORY DIVISION, THE TAX INSTITUTE
Partnerships are a common way of carrying on a business. The income tax, capital gains tax, GST and stamp duty consequences to partners may vary significantly depending on the manner in which assets are held, and the terms of a partnership/joint venture agreement. This seminar paper will present case studies dealing with some common pitfalls and effective steps to protect your clients' interests and your own.
Current at 15 June 2009
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