The taxpayers, husband and wife, jointly owned property and returned rental income from it. On 2 July 2007 a company controlled by the taxpayers offered to acquire the property from them and give them a promissory note of $9 million in exchange for the transfer. 447 more words
Tags » CGT
CGT Event E1: Federal Court confirms breadth of meaning of creation of trust 'by declaration or settlement'
There are many reasons why using a company to invest in residential property is good idea and Summer Budget 2015 made companies an even more attractive option. 609 more words
The Summer Budget made this decision even more complicated!
First landlords have a lot to consider..
- Transferring their portfolio will probably incur Stamp Duty and Capital Gains… 210 more words
This week marks the end of the first half of 2015. The stock market hasn’t been impressive during the period. The NSE 20 shed 4% during the period while the NASI only returned 0.7%. 404 more words