There are a number of key tax considerations that can trip up even the most experienced property practitioner. Acquire key knowledge across the Victorian windfall gains tax, Victorian duty and land tax surcharges and GST issue for property practitioners. Don’t let tax be your undoing and attend the full series, or simply attend the sessions that interest you by registering now. WEB238V01Z
Description
Attend the full series and earn 3 CPD units in Substantive Law
This program is based on VIC legislation
If you register for the full series as a live online product after the date of an individual session, you will be sent the recording for the sessions that have passed. Alternatively, you can register for individual sessions by following the links below.
Property Tax Mastery: Victorian Windfall Gains Tax
Tuesday, 15 August 2023
Are you ready for Victoria's latest state tax? Get across the latest information and requirements surrounding the Windfall Gains Tax (WGT) in this dedicated session. With the tax already presenting numerous difficulties for landowners, investors, developers, and financiers alike, this session is one not to be missed. Ensure your property law or conveyancing practice is well equipped to deal with the changes by registering now.
1.00pm to 2.00pm Victorian Windfall Gains Tax
The Windfall Gains Tax (‘WGT’) is the newest addition to Victoria’s list of state taxes. Set to commence from 1 July 2023, the WGT is already creating many challenges for landowners, investors, developers, and financiers.
Explore the WGT, including:
- Basic features, including liability trigger, tax calculation and designation of liability
- Deferral scheme
- Objection rights
- Transitional relief and other exemptions
- Issues and potential mitigation strategies
Presented by Kristina Popova, Partner – Tax, Grant Thornton
Description
Attend and earn 1 CPD unit in Substantive Law
This program is based on VIC legislation
Presenters
Ms. Kristina Popova, Partner – Tax, Grant ThorntonKristina specialises in advising clients on all aspects of transactions from a revenue law perspective across all Australian States and Territories. This includes stamp duty, land tax and foreign surcharges. Kristina works closely with clients on a broad range of state tax issues operating across all industries including major projects, funds, retail, real estate and construction, utilities and resources. Kristina has a breadth of experience advising on state taxes, revenue investigations, stamp duty implications for all phases of M&A transactions, restructuring, applying and advising on corporate reconstruction exemptions, and private rulings and exemptions. Kristina has advised and acted on state tax disputes in the Supreme Court of Victoria, the Federal Court of Australia, the Victoria Civil and Administrative Tribunal and the NSW Civil and Administrative Tribunal. Clients value Kristina’s technical skills and ability to provide comprehensive and practical multi-jurisdictional advice that is focused on effective commercial and tax outcomes.
Register for this session only
Property Tax Mastery: Victorian Duty and Land Tax Surcharges
Tuesday, 22 August 2023
If you’re engaging in property-related activities in Victoria, it’s vital you understand the duty and land tax surcharges that can arise. Don’t miss this session of our Victorian property tax series where you’ll receive practical guidance on the tips and traps to look out for when dealing with duty and land tax surcharges. Brush up on items that are commonly misunderstood by registering now. WEB238V01BZ
1.00pm to 2.00pm Victorian Duty and Land Tax Surcharges
Receive practical guidance on some of the common tricks and traps to be mindful of when dealing with:
- Victorian land tax and duty surcharges
- "Double duty" that can be triggered by nominations and "sub-sales"
Delve into specific aspects of each topic that are commonly misunderstood or missed, with reference to relevant cases and the SRO’s view.
Presented by Rachel O'Donnell, Principal, O’Donnell Tax Law
Description
Attend and earn 1 CPD unit in Substantive Law
This program is based on VIC legislation
Presenters
Ms. Rachel O'Donnell, Principal, O’Donnell Tax LawRachel specialises in GST, and duties, land tax and payroll tax across all Australian States and Territories. She has a broad range and depth of experience in advising on these taxes, including: Stamp duty implications associated with mergers and acquisitions, Corporate group restructures, including corporate reconstruction relief from duty, Duty and land tax surcharges imposed on ‘foreign’ / ‘absentee’ persons, including successful exemption submissions, Landholder duty (and its predecessor, land-rich duty) and ‘trust look-through’ duty, GST advice regarding the characterisation and structuring of mergers, acquisitions, restructures, settlements of commercial disputes, and other transactions, Windfall gains tax (which will apply from 1 July 2023) in Victoria, Aggregation of properties and corporate groups for land tax purposes, and grouping for payroll tax purposes, The land tax treatment of properties held on trust, Land tax exemptions and concessions, such as exemptions for Retirement Village Operators and Aged Care Providers, Other exemptions and concessions including superannuation specific exemptions, exemptions from duty for changes of trustee and in specie distributions of property to beneficiaries / unit holders, primary production and principal place of residence exemptions from land tax, and various exemptions that are available for charitable institutions.
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Property Tax Mastery: GST Issues for Property Developers
Tuesday, 29 August 2023
GST can have significant implications for property development projects. Don’t let them be your failing by attending this extensive session. Leave feeling confident in your ability to handle revenant GST treatments in property supplies and acquisitions, margin schemes, and more. Plus, gain an insight into the property industry and ATO activity on GST. Be all aspects of GST in your next property transaction.
1.00pm to 2.00pm GST Issues for Property Developers
- Property supplies and acquisitions overview of relevant GST treatments
- Margin scheme overview and insights
- GST Withholding for property development
- Potential use of the sale of going concern provisions
- Property industry and ATO activity on GST
Presented by Anika Reside, Partner – Specialist Tax, Grant Thornton
Description
Attend and earn 1 CPD unit in Substantive Law
This program is based on VIC legislation
Presenters
Ms. Anika Reside, Partner – Specialist Tax, Grant ThorntonAnika is a member of Grant Thornton's national indirect tax team and specialises in GST and fuel tax. Anika has extensive experience in advising clients on a broad range of indirect tax matters including: improvements to governance, systems, processes, procedures and controls through GST reviews; the imposition and recovery of GST in the real estate and construction, health and aged care, not for profit, education, energy and resources and financial services sectors; the GST implications of various merger and acquisition activities, including due diligence reviews; the application of GST to domestic, cross border and international transactions. Anika also has experience in negotiating successful outcomes for her clients with the ATO through the early engagement, private ruling, review and audit processes.
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