Live Webinar: Property Development on Capital Account? Prove it!


Date:   Friday 24th November 2017 – Online from:
Vic, NSW, ACT, Tas: 11am to 1pm 
SA:  10:30am to 12:30pm  WA: 8am to 10am 
NT: 9:30am to 11:30am  Qld: 10am to 12noon

We all know the case law on the capital revenue distinction, as well as the Commissioner’s rulings. But what do we need to do to show to the Commissioner that a property developer has held the property in question on capital account? This practical session will consider:

  • The records the taxpayer should hold to show the property was held on capital account
  • Statements made to banks, the Commissioner and Councils
  • Obtaining planning permits (especially given TD 2017/1)
  • What happens if a profit making purpose is subsequently abandoned?
  • What happens if some of the gain is on capital account and some of the gain on revenue account?
  • Recent taxpayer wins, including FLZY and Commissioner of Taxation [2016] AATA 348 and Rosgoe Pty Ltd v Commissioner of Taxation (2015) FCA 1231
  • The interaction of obtaining a PBR that the gain is capital, and a possible second PBR that the taxpayer is not carrying on an enterprise

George Kolliou, Director, AG Tax Lawyers, Melbourne    

George Kolliou, formerly principal of Kolliou Tax Lawyers, has worked in the taxation field for over 30 years, firstly as an accountant and then as a lawyer. George's special area of interest is the intersection of taxation and trust law particularly in the SME context. 

George's aim is to provide sound and practical tax advice to lawyers, accountants, financial planners and their clients. His practice areas include income tax, CGT, GST, stamp duty, land tax and payroll tax, in both advisory and dispute resolution matters. 

Some of George's professional highlights include:

  • Instructing in the first GST case to go to the High Court of Australia;
  • Successfully representing taxpayers in disputes with the ATO and the State Revenue Office;
  • Advising on complex CGT Concessions where the advice stood up to ATO scrutiny.

George regularly presents at tax conferences on SME taxation issues and writes for various professional journals. He has also co-authored the Australian Trusts Tax Handbook published by Thomson Reuters.


This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.


Live webinar delegates will receive a CPD certificate for attendance at this webinar.  Accountants can claim up to 2 CPD/Training hours.  Lawyers can claim up to 2 CPD [CLE] units/points – substantive law.  This webinar has been designed to run for 2 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1.5 hours.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email:

Attending a TEN webinar couldn’t be easier. Basically it’s just like attending a seminar except that you don’t have to leave the comfort of your office or home. You just need to be available at the appointed date and time with your computer and internet connection.

Once you’ve registered for the webinar, we send you a link so that you can login to the webinar from your computer. The speaker delivers the session from their computer in real time. Just like a live seminar, you can ask questions of the speaker. You simply type your question into the question box and the speaker responds to it during question time.
At the end of the webinar session we send you a certificate to confirm your attendance and the number of CPD hours you earned.

You will need a computer with sound, an internet connection and earphones if you need to participate in the webinar in an open office environment (so you don’t disrupt those around you).

Product Code: RBZNOV17
 Price:   $253.00 (Inclusive of GST)
© 2018 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.