Alec Pettigrew from the Queensland Revenue Office will focus on the common ways that landholder duty is often overlooked in transaction and the common points of contention between the QRO and taxpayers. A session not to be missed.

Director, Royalty & Complex Assesment

With significant developments occurring in the area of trusts, Taryn Hartley will provide a comprehensive overview of the headline changes associated with the updates to the Queensland Trusts Act, including the implications of increased trustee obligations. She will also explore the various avenues beneficiaries are using to challenge trustees, highlight common mistakes made by trustees that expose them to risk, and offer practical solutions to address key issues affecting trusts at both the state and federal levels.

Principal | Corporate & Commercial, Tax

In this session, Glenn will provide insight into how businesses and individuals can navigate the complexities of taxation disputes and insolvency. Glenn will draw on his extensive experience in insolvency, taxation, and commercial litigation in an attempt to convince business people and advisors not to simply bury one’s head in the sand. Glenn will provide actionable strategies for identifying signs of distress, dealing with taxation enforcement and managing taxation disputes. Whether you’re an SME owner or part of a larger organisation, this seminar will arm you with some insights into best practice responses when the tax office comes knocking!

Principal | Disputes & Insolvency

Emily Ryan will go into depth on the recent changes to super, including increased transfer balance cap and contributions caps, increased super guarantee, super on paid parental leave, payday super and how to prepare for the new Division 296 tax. Emily will also give a brief rundown on the tax treatment of superannuation death benefits and some options to potentially reduce tax upon death.

Associate | Tax & Private Advisory

Kimberley Barnes will share five essential strategies for preparing businesses for an exit event, including navigating the differences between asset and share sales, managing retained earnings and excess cash prior to completion, addressing related party loans, emphasising the importance of thorough documentation, and restructuring into an optimal business structure. Complementing this, Nick Camphin will delve into the key tax considerations that arise during a formal sale process and the negotiation of transaction documents. His insights will cover the tax due diligence process, rollover relief for scrip consideration, the deductibility of advisor costs, and the intricacies of tax warranties and indemnities.

Senior Associate | Tax & Private Advisory

Principal | Corporate & Commercial

Chris Davis will present an in-depth analysis of the basic tax risks and considerations associated with share transactions. He will discuss how share sales are taxed, including distinctions between revenue and capital treatment, implications for foreign sellers, foreign resident capital gains withholding, dividend stripping, and landholder duty. The session will also cover the taxation of share capital reductions and the associated risks, such as capital streaming provisions. Chris will explain the various forms of share buy-backs and their tax treatment, including deemed dividends and capital gains tax, and how to navigate related risks. Finally, he will address the taxation of share issues and strategies for managing the tax implications of issuing shares.

Principal | Corporate & Commercial, Tax