Most practices think of a property valuation as something you order when a client is about to sell. The dates that actually matter for capital gains tax are usually years earlier, and most of them have already passed by the time anyone asks.
TAX • By Mike Wilczynski, Chartered Accountant, Certified Property Valuer (Australian Valuers Institute) and Registered Tax Agent, CGT Property Valuations
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The excluded election trust is only a band-aid solution to the myriad issues that were raised in the original draft legislation on discretionary trusts, demonstrating that it was not “well thought through”, an accountant said.
PROFESSION • By Malavika Santhebennur
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