Recorded Webinar: Small Business CGT Concessions: Can Your Clients Still Qualify?

4th February 2021
Duration:  approx. 1.25 hours

 ABOUT THE WEBINAR
The small business CGT concessions continue to be an area where practitioners experience difficulty in correctly applying the rules. The amendments introduced in Treasury Laws Amendment (Tax Integrity and Other Measures) Act 2018 and the Federal Court decision in FCT v Eichmann [2019] FCA 2155 (which has been overturned on appeal by the Full Federal Court in Eichmann v Commissioner of Taxation [2020] FCAFC 155) have only added to the confusion and frustration experienced by advisers. This session examines those areas likely to trip you up and prevent your clients qualifying for the concessions:

  • Overview of the integrity measures and their impact on sales of shares or units
  • Practically applying the ‘’new” active asset test to sales of shares or units
  • Structuring tips to preserve access to the concessions
  • Case studies examining the application of the small business CGT concessions where trusts and company structures are involved
  • Revisiting the $6m net asset value test and the concept of “market value” following the AAT decision in Miley and FCT [2019] AATA 5540
  • Examining recent thinking concerning what is an active asset and a business including the Eichmann case
 PRESENTER
Recorded Webinars,Taxation,Recorded Webinar:  Small Business CGT Concessions: Can Your Clients Still Qualify?

Dung Lam, Special Counsel, Coleman Greig Lawyers, Sydney

Dung Lam currently holds the position of Special Counsel within Coleman Greig's Taxation Advice team, having joined the firm as part of the 2019 integration with Argyle Lawyers.

With extensive experience in Federal taxes including income tax, capital gains tax, GST and State taxes such as stamp duty, land tax and payroll tax, solving complex tax issues comes naturally to Dung.

She also advises clients on self-managed superannuation funds, taxation trusts and tax issues related to estate planning. Her clients include corporates, families and their advisors and high net worth individuals.

Dung creates tax effective strategies for clients who wish to undertake acquisitions, disposals of assets and businesses, business restructures, domestic and international business expansions and succession planning.

Dung is a Chartered Tax Adviser, Accredited Specialist in Personal and Business Taxation with the NSW Law Society and full Trust and Estate Practitioner of the Society of Trust and Estate Practitioners (STEP).

 WHO SHOULD ATTEND?

This webinar is suitable for accountants advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

 CPD 

Accountants can claim up to 1.25 CPD/Training hours. FASEA – category “Technical Competence” – 1.25 hours. This webinar has been designed to run for 1.25 hours, however, webinar lengths can vary depending on the level of questions and discussion.

 ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]



© Television Education Network Pty Ltd 2021

Product Code: WBFFEB21
 Price:  $264.00 (Inclusive of GST)
© 2021 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.