Published on 23 Mar 09
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Many small businesses develop or purchase property as part of their operations. This paper examines how this can be done so that tax on sale is minimised. Topics covered include:
- overview of the Division 152 reliefs
- "company" and "trust" conditions
- "connected entities" and "significant individuals"
- business real property & superannuation.
Michael Butler, CTA, is the Partner in charge of Finlaysons’ Tax & Revenue Group and advises domestic and foreign clients on federal, international and state tax matters. He has a special interest in mining and property taxation, corporate restructurings, international tax issues, and estate and succession planning. Michael is the Visiting Lecturer in Tax at the University of Adelaide Law School, and is a regular contributor to The Tax Institute events.
- Current at
22 September 2017