Property Taxes: A Deep Dive
Issues covered include: structuring, GST, stamp duty and land tax, foreign investors, tax mistakes and tax disputes.
Description
Attend and uncover the most practical structuring strategies and indirect tax issues for your property clients in Queensland’s growing market. Gain expert guidance on advising foreign clients wanting to invest in property, with detailed case studies and real life examples. Take this great opportunity to sit with a line of expert professionals in this industry and get your questions answered.
Chair: Linda Farmer, Principal - Private Advisory, Grant Thornton
9.00am to 9.55am: Structuring War Stories when Acquiring, Developing or Disposing of Property
When it comes to tax, an ounce of prevention is worth a pound of cure: getting structures right up front is critical to prevent future headaches. You will work through a number of case studies to practically demonstrate the commercial, legal and tax principles that must be understood and mastered, to give the best advice to clients when they are acquiring, developing, or disposing of property.
Presented by Alex Whitney, Senior Associate, West Garbutt
9.55am to 10.45am: GST, Stamp Duty and Land Tax Issues Affecting Your Property Developer Clients
As the ATO and State Revenue Offices constantly evolve the tax considerations in property development, it is critical to be up to date. This presentation will review some of the common development structuring approaches for GST, duty and land tax issues, including:
- Partnerships and joint ventures
- Development agreements and synthetic landholder interests
- Partitions
Presented by Sam Mohammad, Partner, RSM
10.45am to 11.00am Morning Tea
11.00am to 11.55am: A Practical Guideline for Advising Your Foreign Investor Clients
This session will give insight into the current issues being faced by foreign investors and discuss the tips and traps to be aware of when advising foreign clients. In particular, you will cover:
- FIRB: rules for acquisitions and tax conditions imposed on FIRB approvals
- Foreign purchaser surcharge duty for foreign buyers
- Absentee land tax surcharge and vacant property taxes
- Practical considerations to be aware of when drafting or reviewing trust deeds with foreign beneficiaries
Presented by Duncan Bedford, Partner and Catherine Nufer-Barr, Lawyer, McCullough Robertson Lawyers
11.55am to 12.45pm: PANEL DISCUSSION: Avoiding Common Property Tax Mistakes and Managing Tax Disputes in an Effective Way
- Reference to the ATO guidelines for property developers and their indicators around the revenue v capital debate
- What else attracts the Commissioner’s attention and how to ensure your clients stay compliant?
- Tax consequences of property transactions with SMSF’s and common mistakes to watch for
- Practical lessons and war stories on managing property tax disputes
- Your opportunity to ask questions
Facilitator:
Sian Sinclair, Tax Partner and National Industry Leader for Real Estate & Construction, Grant Thornton
Panellists:
Don Collins, Partner – Business Advisory, Findex
Megan Kelly, Director – Super, Business Depot
Michael Patane, Partner, Taxation, HopgoodGanim Lawyers
Venue
Mercure Brisbane
Level 2, 85-87 North Quay
Brisbane 4000
QLD
Australia
Parking Information
Parking is not included in you registration. Here are some options below. Secure Parking at Mercure Hotel offers a discounted daily rate from $36 by validating tickets at Mercure Reception prior to departure. Click here to view rates .
Directions
Nearby Public Transport:Train Stations - Roma Street StationBus Interchange - George Square Bus Station
Accreditation
Attend and earn 3.5 CPD units
FASEA CPD Allocation: 3.5 hours in Technical Competence
All our conferences are able to count towards your CPD hours in accordance with the regulations of any industry association including CA ANZ, CPA and more. Click here to view your organisations' rules.