Published on 21 Aug 09
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
The introduction and departure of third parties (including arm's length parties, family members and employees) into a SME business requires a consideration of commercial, CGT, stamp duty, GST and payroll tax issues. This paper looks at these issues. Matters covered include:
methods of providing equity to third parties
company, trust, partnership and sole trader issues
what percentage interests have tax and duty consequences
tax and duty relief and concessions
passive investors vs active participants
financing of new investors.
Christopher works for Fox Tucker Lawyers. Current at 01 June 2011
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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