Published on 15 Feb 13
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
This presentation assesses the various features of the modern unit trust for holding real property and the typical tax and commercial issues that arise in practice when capitalising, managing and restructuring unit trusts involved in property transactions.
Topics covered include:
- pros and cons of unit trusts against other acquisition vehicles - a re-think?
- capitalise/borrowing at trustee or unit holder level?
- managing UPE and Div 7A issues
- accessing tax shelters from capital works and allowances
- SMSFs or discretionary trusts as unit holders - factors to consider
- winding up - unit redemption vs capital distribution and vesting.
Leo is a Senior Associate at Cowell Clarke Commercial Lawyers working in their Tax and Revenue Group. Leo has over 8 years' experience in advising on tax technical issues in various industries and to various sized clients. His experience extends to tax advisory, estate and succession planning and general commercial transactions. Leo is also a Chartered Accountant, a member of The Tax Institute's Continuing Professional Development committee and various other sub-committees.
- Current at
13 January 2015