Published on 15 Feb 13
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Stamp Duty continues to be a central consideration for clients and advisors planning for the purchase or sale of land (or ‘land holding’ entities) including intergenerational transfers of land.
This practical paper uses examples and case studies to:
- outline successful (and not so successful) applications of the stamp duty rules and exemptions for:
1. purchases of land and ‘land holding’ entities
2. restructures involving ‘land holding’ entities
3. transferring land from one generation to the next
- reflect on the lessons learnt from the Pharmos decision recently handed down by the South Australian Supreme Court
- consider potential applications of Part 6A of the Taxation Administration Act (Tax Avoidance Schemes).
Van der Velde
Julie Van der Velde is the principal of a specialised commercial law firm, VdV Legal and has degrees in Business and Law and a Masters of Taxation Law. With over 20 years' experience advising South Australian businesses her practice focuses on taxation and trust law with an emphasis on estate planning, tax planning, business structuring, business succession and intergenerational transfers. Julie is the Taxation Institute’s SME Chartered Tax Adviser for 2017 and is listed as a recommended Wills, Estates and Succession Planning lawyer in Doyle’s Guide 2017.
- Current at
22 November 2017