Understand the tax implications of relationship property settlements, asset transfers, and related compliance considerations.
The end of a personal relationship may involve the division of relationship property between the parties.
The division of tax base property between the parties to the relationship and any sale of that property to third parties will have taxation consequences.
The Income Tax Act 2007 has concessionary provisions designed to mitigate the income tax consequences. Unfortunately, the Goods and Services Tax Act 1985 does not, which can lead to adverse GST outcomes.
This webinar will:
Suited to:
This webinar is suitable for accountants and lawyers who are involved in advising on clients and/or negotiating the division of relationship property on behalf of clients.
TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.
Partner – Tax Advisory, Findex/Crowe
Stephen Richards is Partner in the Tax Advisory team at Findex. Findex is one of the largest providers of integrated financial advisory and accounting services to individuals, SMEs, and corporates in Australasia. Stephen has been practising in tax advisory for over 20 years and is a sought-after speaker on tax topics, including for CCH, CAANZ, and TEO Training courses and lecturing in taxation practice at the University of Otago. Stephen is renowned for making complex topics understandable.
