Property investment - income tax and GST issues paper

Published on 20 Oct 06 by TASMANIAN DIVISION, THE TAX INSTITUTE

Australians have a fascination with acquiring and holding property. Understanding the latest in property investment is a must. This paper looks at the current issues facing property investors by examining:

• serviced apartments and management arrangements - the new GST treatment
• TD 2005/28 - does it apply to all property syndicates?
• income tax and GST impact of guaranteed rental streams
• using nominees or custodians to hold syndicate property - the income tax and GST issues
• property developments - determining when you are required to be registered for GST and when you can deregister
• the margin scheme - an overview of where we are today.

Author profile

Michael Hine CTA

Michael is a founding partner of Newton & Henry. He has extensive knowledge of most major taxes including payroll tax, income tax and fringe benefits tax and consults regularly on the practical implications of the GST. Michael was the adviser to the Tasmanian Government’s GST Implementation Program. He was the State Chairman of The Tax Institute in 2001, was a member of the National Executive of the Institute and the Chairman of the Institute’s National Technical Committee. Michael has been a member of the Commissioner’s Division 7A reference group since its inception and was instrumental in lobbying for the changes that saw the introduction of s 109RB discretions. - Current at 23 June 2021

More by Michael HINE

• Div 7A: One step forward - How many backwards? paper - 17-October-2013
• Non-commercial loans paper - 04-March-2010
• Getting money out of companies paper - 15-March-2007
• Forgiven not forgotten paper - 18-March-2005
• Debt and equity, value-shifting and de-merger rules - 17-October-2002
• The (Tax) Road Ahead - 01-September-2001
• The Simplified Tax System - 30-April-2001
• Simplified Tax System - 23-March-2001
• Trusts after the Family Trust Election - 21-October-2000
• Pay As You Go (PAYG) and the No ABN Withholding Event & Voluntary Agreements- A Practical Application - 05-May-2000
• Coping with change - family trust elections - 17-October-1998

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