About the webinar
Property held in trust will vest at some point so understanding the tax consequences of vesting is important. This session looks at some of the main tax issues on vesting:
- The meaning of absolute entitlement for vesting purposes
- Approaching vesting date – tax implications
- Vesting and CGT liability – event E5 and K6
- Can you extend the vesting date?
- Can you retrospectively fix a vesting problem?
- After vesting – the ongoing trust relationship and potential tax issues
- Distributions after vesting date
- Tax consequences of defective distributions
Who should attend
This webinar is suitable for accountants and lawyers advising in taxation matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
Andrew O’Bryan, Partner, Hall & Wilcox Lawyers, Melbourne
Andrew provides advice on the application of a wide range of taxation.
Andrew has a substantial knowledge of taxation and commercial practice and advises his clients on income tax, capital gains tax, tax audits and reviews, fringe benefits tax, business structuring and transactions, liquidations and reconstructions, superannuation, retirement planning, business succession estate planning, and philanthropy.
Andrew advises accounting and legal firms on their clients’ affairs. He also draws clients from industry, commerce and high-net-worth private family groups. One of his main interests is advising private business owners on the transition of management and control of family businesses to the next generation.
Andrew has been recognised in the Best Lawyer peer review in tax law and is a recommended tax lawyer in Doyles’ Guide to the Australian Legal Profession.
He is a regular presenter for CPA Australia, The Tax Institute and the Television Education Network. He is also a contributor to The Tax Institute’s journal, ‘Taxation in Australia’, CPA Australia’s ‘In the Black’ magazine and Thomson Reuters’ Weekly Tax Bulletin.
Andrew is a Fellow of CPA Australia and Chairman of its Taxation Centre of Excellence. As a member of the Taxation Centre of Excellence, Andrew represents CPA Australia on a variety of consultative groups including the Australian Taxation Office’s National Tax Liaison Group.