Description

Related party transactions – switching off the tax impacts.

Transfers of property (real and personal) between related parties are often deemed to occur at market value with adverse tax effects unless a tax roll-over relief applies.

This webinar covers related party roll-over concessions including:

• Transfers of relationship property including the option to use trusts.
• Concessions in the land rules relating to date of acquisition etc.
• Certain transfers of company shares that are ignored for tax credit and tax loss purposes.
• New bright-line and interest limitation concessions incl. transfers to trusts etc.
• Supplies between certain GST registered related parties.

 Learn about the roll-over reliefs that switch-off the tax costs and effects otherwise involved in related party transfers.

DATE OF ORIGINAL BROADCAST

30 November 2022

LEARNING OUTCOMES

An overview of selected tax and GST rollover reliefs applying to real and personal property transfers.

SUITED TO

Accountants, lawyers and anyone involved in providing advice on related party property transactions.

PRESENTER

Maurits van den Berg, Senior Manager Taxation Services, Baker Tilly Staples Rodway