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  Miscellaneous 2005

Partnership restructuring/generational change case study

Source: South Australia

Published Date: 22 Oct 2005

 

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This case study considers the issues that arise when partners in a primary production business want to bring in new partners or pass the business to the next generation. The case study covers:

  • reconstitution of the partnership and continuing ownership issues
  • restructuring using new entities for asset ownership
  • livestock and capital allowance rollovers
  • Division 152 issues for partners leaving the business
  • accounting vs tax treatment of partner exits/entries
  • stamp duty exemptions including use of tightly held family trusts.
Author(s)

Individual Session

Partnership restructuring/generational changes

Author(s): Peter Slegers CTA
Materials from this session:

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Details

  • Published By: Peter Slegers CTA
  • Published On:22 Oct 2005
  • Took place at:Whalers Inn Resort, Victor Harbor

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