This highly practical webinar considers income tax issues relevant to property investors. Key issues addressed include the application of the purpose or intention of disposal test, the recently-extended bright-line test (including the effect of nominations, novations and assignments), tainting by association and tainted capital gains (including how to deal with tainting issues). The proposed ring-fencing rules for rental losses (along with strategies to minimise the impact of these rules) will also be discussed.
Accountants, tax lawyers, property lawyers and others who advise clients on land transactions.
Stephen Tomlinson, Partner, Tomlinson Law
1.25 CPD Hours