Recorded Webinar: Death and State Taxes – Managing Tax Risk on Testamentary Distributions

 

18th July 2018

Duration:  approx. 1.5 hours

 ABOUT THE WEBINAR
Business owners need a succession plan for their business addressing tax risk, particularly when transferring shares in a business by will. Stamp duty and other tax implications can arise. This session looks at the issues, including:

  • What types of transfers involving trusts are dutiable? – Victoria, NSW and Queensland
  • Trust acquisition and surrender red flags – a state comparison
  • What exemptions apply for stamp duty on trust distributions? – a state comparison
  • Family trust transfers – do they qualify for exemption?
  • Identifying stamp duty risk in trusts structures
  • Case report –  lessons from Tay v Commissioner for State Revenue [2017] NSWSC 338
  • When is share transfer a distribution from estate and exempt?
  • When will share transfer from will attract duty?
  • Importance of succession plans for inheritance of shares in will
  • Risk associated with ‘other’ arrangements on shares from will
  • Case studies – structuring testamentary trusts with state taxes in mind
 PRESENTER
Our presenter

Andrew Rider, Barrister, Sydney

Andrew Rider is a leading Australian tax barrister specialising in land tax, payroll tax and stamp duty litigation and dispute resolution.

Andrew also advises on Australia-wide stamp duties, land tax and payroll tax.

Prior to coming to the Bar, Andrew was a solicitor and Associate to Justice Michael Kirby.

Andrew lectures in taxation law at the University of Sydney Law School and previously lectured at the University of Technology, Sydney.

Andrew edits the leading stamp duty publication “Australian Stamp Duties Law” and authors the national stamp duty section of the leading online service “Practical Guidance - Property Law”.

Andrew is a Chartered Tax Adviser and examiner with The Tax Institute and member of The Tax Institute/Office of State Revenue Liaison Committee and Dispute Resolution Technical Committee.

Andrew is recognised in Doyle’s Guide as a leading Australian tax barrister.

 WHO SHOULD ATTEND?

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

 ENQUIRIES/ASSISTANCE
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: lisa@tved.net.au
Product Code: WBJJUL18
 Price:  $253.00 (Inclusive of GST)
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