Is your PDA fit for purpose?
Published Date: 5 Sep 2023
Developers often want to acquire land comprised of several parcels (where parcels may be held by different owners or have different tax provenances) while maintaining a desire to pay by instalments and keep maximum flexibility.
This session considers important aspects of Property Development Applications (PDAs) such as:
- Inclusion of provisions for instalments
- Dealing with parcels having different tax provenance (eg margin scheme, MRE or active asset)
- Whether it matters if a parcel is on the vendor’s revenue account or capital account; and
- Other important issues.
Individual Session
Details
- Published By: Scott Mcgill CTA
- Published On:5 Sep 2023
- Event Name:The Tax Summit 2023
- Session Name:Is your PDA fit for purpose?
- Listen Time:1+ hour
- Took place at:MCEC Melbourne
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