Description
After this webinar, you will be able to identify:
- what the ATO’s current position is
- when a property sale will be a mere realisation of a capital asset
- when a property sale will be part of a profit-making undertaking or business
- whether the relevant purpose is at the time the property is acquired or at some later point
- the different tax treatment of property sales (mere realisation, profit making undertaking or business)
options for your clients to manage the risks.