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  Miscellaneous 2010

Using contract law to manage capital gains tax exposures

Source: Victoria

Published Date: 3 Mar 2010

 

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Tax is levied on capital proceeds from CGT events as defined by tax law; but the when, which and what of the CGT event is often a matter of contract law rather than tax law. Contract law determines the time and identity of the event, and the value of the capital proceeds. This paper considers:
  • using contracts to determine timing of disposals
  • using earn-out contracts to defer receipt of capital proceeds
  • using contracts to choose the relevant CGT event
  • amendments, novations and assignments of contracts.
Author(s)

Individual Session

Using contract law to manage capital gains tax exposures

Author(s): Cameron Rider FTI
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  • Published By: Cameron Rider FTI
  • Published On:3 Mar 2010
  • Took place at:Melbourne Convention & Exhibition Centre

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