Published on 09 Mar 04
by QUEENSLAND DIVISION, THE TAX INSTITUTE
Complex income tax and capital gains tax issues often bog down the restructuring of farming enterprises. This seminar paper explores these issues with respect to variations of partnerships, as well as changes from a partnership to an alternative trading entity and includes:
- the STS provisions and key issues associated with the changes
- the capital allowance issues, including rollover provisions
- the treatment of livestock, including rollover provisions
- capital gains tax issues.
This paper was also presented at the Agribusiness roadshow held in Toowoomba, Gold Coast, Sunshine Coast, Mackay, Townsville and Cairns in May 2004.
Study Period 1 2017
Harry has specialised since 1981 in taxation research, advising and the implementation of taxation solutions. He holds a Graduate Diploma in Education from the University of Adelaide and degree of Master of Laws from Harvard Law School. Harry has been a registered tax agent since 1982 and a member of The Tax Institute for more than 25 years. Harry is a lawyer, accredited as a specialist in taxation law.
His experience has been developed through senior positions in professional firms, with responsibilities in achieving national quality assurance standards for firm-wide taxation consulting and compliance.
His background includes several years as national tax director for PKF, senior tax manager for PricewaterhouseCoopers and, at the commencement of the capital gains tax and fringe benefits tax regime, a spell as special taxation consultant to a predecessor firm to KPMG.
Harry has formally taught taxation and related law at University of Adelaide, Queensland University of Technology, Central Queensland University, University of New England and University of Queensland, with course preparation for ATAX at University of New South Wales.
Harry was voted Best in Australia for Superannuation Tax Issues in the Acquisition International Tax Awards 2015 and Superannuation / Trusts Lawyer of the Year in the ACQ Global Awards 2014.
- Current at
22 June 2017