Death of a Taxpayer 2021 - 25 November 2021 (On Demand)

Description

The death of a taxpayer can have wide reaching and unexpected taxation consequences.

Topics covered will include:

  • Income tax consequences of asset transfers on the death of an individual, including:
    • When is a market value disposal of assets deemed to occur?
    • How do the tax rules apply for different asset classes in an estate?
    • When is “rollover relief” available?
  • GST consequences of asset transfers by an individual on death
  • Tax consequences of receiving an inheritance payment from a New Zealand based estate or an offshore estate
  • Estate and succession planning considerations so that any taxation consequences are managed and/or mitigated
  • We will touch on wider issues associated with ownership of entities as are relevant upon the death of an individual

ORIGINAL BROADCAST DATE

25 November 2021

LEARNING OUTCOMES

Upon satisfactory completion of this activity you will be able to:

  • Identify the relevant rules and apply them to a factual position
  • Understand the implications of the creation of trusts under a will
  • Work through relevant income tax and GST considerations arising from the death of an individual

SUITED TO

  • Accountants of all levels, particularly those advising clients on estate and succession matters
  • Lawyers advising on wills, trusts, succession and other estate matters
  • Other professionals providing executor, trustee or other estate related services

PRESENTER

Stephen Richards, Partner – Tax Advisory, Findex (presenting on behalf of TEO)

1.25 CPD Hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $195.00 excl. GST

Coming Soon

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants to a live webinar will automatically be sent a recording at the end of that week along with a full transcript of the webinar, regardless of whether you attended or not.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.