Options and Hidden Tax Stings

Snapshot Options are always tricky. What applies to GST does not necessarily apply to CGT. Assumptions can be very dangerous. Options and hidden tax stings Tony comes to see you about a ‘too good to refuse’ offer he has received from a developer...

Succession planning and hidden tax stings

You knew it was professionally unwise, but you just couldn’t say no to your old mate Peter when he asked you to help fix up his family succession plan. You tried to explain, but when he said “Maaate, come on, school mates and footie mates and you can’t...

Buying or selling: beware the sting of the GST

Charlie and Chloe are old clients – and now they’re back. Some years ago they bought their dream home with a large block of land they couldn’t afford to live in and had to rent it out until they could. Eventually they did move in but later decided to...

Take care when amending the vesting date of a pre 84 deed

You’ve just come back to work after being on medical leave and are excited to receive a call from a longstanding client, Molly, who wants you to act for her regarding a purchase of an investment property for $3 million. Molly tells you the purchaser will be...

Tax stings and GST tales of woe

This article was published in this month’s edition of the Law Society Journal of NSW. Three lawyers walk into a bar. Allan, Barry and Charlie. It’s Friday, they’re good mates, they’ve all had a bad week, and they want to share the pain.Allan goes...

Options and Hidden Tax Stings

Succession planning and hidden tax stings

Buying or selling: beware the sting of the GST

Take care when amending the vesting date of a pre 84 deed

Tax stings and GST tales of woe

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