Skip to main content
shopping_cart

Your shopping cart is empty

The goodwill issue presentation

Published on 30 Apr 13 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

The biggest asset of a professional practice is, in most cases, its business goodwill. The term‚ 'goodwill? is an elusive concept that is linked to the profitability and the custom of a business, and to its intangible value. This presentation examines the goodwill of a professional practice, the ATO approach to professional goodwill and the implications for the practitioners including:

  • what is goodwill?
  • goodwill of professional practices
  • is ‚no goodwill? possible?
  • the ATO view.

Author profile:

Nicholas Gangemi CTA
Nick is a Barrister on Second Floor Selborne Chambers. He works in tax and commercial litigation, tax disputes and the provision of tax and legal advice. Nick’s areas of expertise include corporate tax, international tax, high net worth individuals, trust law, and mergers and acquisitions. Current at 02 June 2015 Click here to expand/collapse more articles by Nick GANGEMI.
 

This was presented at Practice Makes Perfect: Structuring and Restructuring Professional Practices.

Get a 20% discount when you buy all the items from this event.

Individual sessions

Introduction and landscape

Author(s):  Scott MCGILL

Materials from this session:




Further details about this event:

 

Copyright Statement