2004

Asset Protection for Tax Practitioners

Source: New South Wales

Published Date: 9 Sep 2004

 
This seminar series was held on:
- 7 September 2004 at All Seasons Premier Menzies, Sydney
- 9 September 2004 at Crowne Plaza, Parramatta.

The Federal Government, the ATO and ITSA appear to be determined to render ineffective the asset protection strategies traditionally used by professionals to safeguard family assets from financial risk. The proposed sweeping changes to the bankruptcy laws set out in recent exposure draft legislation is clear evidence of this policy. Add to this the increase in professional negligence claims, the growing complexity of the tax laws and the problems with professional indemnity insurance and you have some very good reasons for practitioners to be concerned. Topics covered in this seminar included:
- bankruptcy laws and exposures
- asset protection strategies
- what approach will the Government take?
- should I be using a service trust and/or a family trust?

Details

  • Published On:9 Sep 2004
  • Took place at:All Seasons Premier Menzies, Sydney, and Crowne Plaza, Parramatta

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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