With the greatest transfer of intergenerational wealth in Australian history already underway, succession planning is now a strategic necessity for high-net-worth individuals, SMEs, large family groups and corporates, and the new certainty for taxation practitioners to navigate.
This session addresses the:
- Significance of appropriate, well-considered succession planning in the current environment, across a range of structures;
- Key taxation and commercial considerations in succession planning;
- Appropriate strategies to efficiently and effectively implement the transfer of ownership and/or control;
- Common omissions and errors; and
- ATO’s recent areas of focus.