Understanding Allocation Rules and Their Impact on Tax Situations.
Income tax legislation requires a sale and purchase agreement to allocate the sale/purchase value to different tax categories at the time of the sale.This webinar will review the rules and the impact they have on a number of different income tax situations. The reinstatement of tax depreciation for non-residential buildings also needs to be considered.
Specifically, we will look at the following situations where the new rules will apply:
Suited to:
This webinar is suited to intermediate through to advanced accountants in public practice who are dealing with accounting for the sale and purchase of assets and businesses. It will also be suitable for accountants employed by SME businesses.
TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.
Director, Symmetry Advisory
Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 30-plus years of tax experience as a public Chartered Accountant (CA) and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.
