Further, and in order to minimize transaction and associated costs, careful consideration needs to be given to the intended and potential use of real property assets, as the revenue law implications related to the holding of property may differ depending on the use of the asset.
This event touched on all of the revenue laws which apply to real property - from GST, CGT and income tax to stamp duties and land tax. It revisited the fundamentals and reviewed recent developments as well as looked at the specific issues that arise in the context of "partitioning' of land, and dealing with company title.