Managing the tax consequences of a relationship breakdown can add an additional layer of complexity to a time of great stress and conflict. This session explains the relationship breakdown rollover in Subdivision 126-A of the 1997 Tax Act in the context of recent case law. It also explores the practical tax consequences relating to common scenarios such as splitting of family assets and changes to the family business.
Featuring: George Kolliou, AG Tax Lawyers, Melbourne
[27.35 minutes] [0.45 CPD hours]
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 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.
0.01 CPD Hours