Live Webinar: Property Developments and Mere Realisation: The Commissioner Changes His Spots


Date: Wednesday 7th October 2020
Vic, NSW, ACT, Tas: 12noon to 1pm
Qld: 11am to 12noon
SA:  11.30am to 12.30pm
NT:  10.30am to 11.30am
WA: 9am to 10am

The Commissioner has traditionally treated small-scale property developments as mere realisations of a capital asset. Recent activity indicates that the Commissioner has changed his views and wants to tax these developments on revenue account. So gird your loins for a fight. This session examines the following areas:

  • The revenue and capital distinction implications for property developers:
    • subdividing land held for a long period- when does the land cease to be on capital account?
    • what then happens – pre and post CGT assets?
    • what is an isolated profit-making transaction?
    • am I carrying on a business of property development?
  • The new aggressive stance by the Commissioner –correct at law?
  • Small two lot subdivisions and mere realisation
  • Strategies for persuading the Commissioner that you are really just realising a capital asset
  • Recent private rulings
Live Webinars,Taxation,Live Webinar: Property Developments and Mere Realisation: The Commissioner Changes His Spots

Philip Diviny, Partner, Madgwicks Lawyers, Melbourne

A highly regarded tax lawyer with a broad-based tax advisory, tax controversy and international tax practice, Philip works across a variety of industries, including property, infrastructure, agriculture, shipping, chemicals and health.

Recognised with Acquisition International “Best in Tax Audits – Australia” Award in both 2015 and 2016, Philip is a highly numerate lawyer also qualified as a Chartered Accountant and Chartered Tax Advisor.

Through his experience as a Chartered Accountant and Chartered Tax Adviser as well as lawyer, Philip has expertise in all facets of tax and is able to communicate complex ideas simply. Philip is a current member of the Advisory Panel to the Board of Taxation and a regular speaker and presenter. He is the former author of the Australian chapter for the publications “International Tax and Investment Service” and “International Taxation of Low Tax Transactions” published by the Center for International Legal Studies.


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


Registered live webinar delegates will receive a CPD certificate for attendance at this webinar.  Accountants can claim up to 1 CPD/Training hour. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

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:

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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: RBBOCT20
 Price:   $264.00 (Inclusive of GST)
© 2020 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.