Miscellaneous 2007

Entry and exit issues for professional practices

Source: Victoria

Published Date: 12 Oct 2007

 

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The admission and retirement of partners from professional practices raise many complex issues. This paper updates on developments in the relevant law and practice focusing on:

  • entry and exit tax issues for partners in professional partnerships
  • how the issues are dealt with at a practical level - common approaches taken in partnerships
  • the law relevant to the issues - McNally.

Individual Session

Entry and exit issues for professional practices

Author(s): Chris Wookey , Damien L Lockie

Details

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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Miscellaneous 2007

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