Recorded Webinar: Tax Red Flags for Property Developments

Property developments bring myriad tax issues. This webinar looks at key red flag items on tax in this area, including:

• Company v trust – how tax entity structures impact property developments Navigating the capital revenue distinction

• Venturing a capital asset into a business or profit making scheme

• When does the land cease being on capital account?

• Is the land trading stock or not? – tax implications

• Trading stock issues for landowners – the importance of the development agreement

• Profit making scheme issues for landowners

• When will capital gains tax provisions have exclusive operation?

• Tax partnership or JV?How to avoid the traps

• Making the valuation election

• Changing the arrangement mid development - New investors and tax issues

• Case study - WWXY v Commissioner of Taxation [2015] AATA 130