Published on 24 May 07
by QUEENSLAND DIVISION, THE TAX INSTITUTE
It is becoming more common for clients to want to pass their structures onto their families, rather than realising assets. This paper examines tax effective succession planning, including:
- the dos and don’ts of passing on structures
- when to consider demerging an entity
- innovative use of Division 152 concessions for cost base step ups
- protecting the older generation from rogue children.
Clifford is Special Counsel at McInnes Wilson.
- Current at
21 September 2016