Recorded Webinar: Let’s Talk About Land Tax: What Constitutes Primary Production? (NSW)

 

Date: Monday 8th February 2021
Duration: 1 Hour

 ABOUT THE WEBINAR
The Land Tax Management Act 1956 (NSW) provides an exemption from land tax for land used for primary production. However, what constitutes “primary production” is not always clear cut and the increase in leasing arrangements from farmers to third parties for activities such as energy production has also led to confusion about tax liability. This session will explore in detail the primary production land tax exemption, including:

  • What is primary production for the purposes of the legislation?
  • Does the zoning of the land matter?
  • What if the land is held by a trust?
  • What level of activity is sufficient to constitute a business?
  • Do you need to make a profit to obtain an exemption?
  • Can a developer claim an exemption? Case study of Chief Commissioner of State Revenue v Metricon Qld Pty Ltd [2017] NSWCA 11
  • Recent State Revenue Office rulings and relevant cases
 PRESENTER
Recorded Webinars,Stamp duties and State Taxes,Recorded Webinar: Let’s Talk About Land Tax: What Constitutes Primary Production? (NSW)

Andrew Rider, Barrister, Level 22 Chambers, Sydney

Andrew is recognised in Doyle’s Guide as a leading Australian barrister specialising in Australia-wide tax litigation, dispute resolution and advice.

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

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.

 WHO SHOULD ATTEND?

This webinar is suitable for NSW lawyers and NSW accountants advising on land tax. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

 CPD

Accountants can claim up to 1 CPD/Training hour.  Lawyers can claim up to 1 CPD units/point – substantive law.  This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

 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: [email protected]



© Television Education Network Pty Ltd 2021

Product Code: WBJFEB21
 Price:  $264.00 (Inclusive of GST)
© 2021 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.