This presentation reviews emerging trends in the application of GST to property development and business sale transactions. In particular, it addresses:
- GST implications of land subdivisions and small scale developments
- the margin scheme: when appropriate and effective use
- going concern exemption and farm land exemption: hidden traps
- new and existing residential premises
- in specie distributions of real property from trust and companies
- recent ATO activity.
- GST implications of land subdivisions and small scale developments
- the margin scheme: when appropriate and effective use
- going concern exemption and farm land exemption: hidden traps
- new and existing residential premises
- in specie distributions of real property from trust and companies
- recent ATO activity.