Legal Documentation and Tax – Tricks, Traps and Tactics
Overview
Stay sharp: Taxation drives legal documentation, and tax professionals must master the risks to get it right
The session will cover:
- The roles of tax agents/accountants in supporting preparation of legal documentation for common transaction types with tax impacts
- The risks of getting such documentation wrong
- How to best manage those risks in practice
- Different types of legal documents that are commonly encountered in tax practice (and those that non-tax experts get wrong)
- Case Studies covering tax issues for:
- Deeds, Deeds and More Deeds!
- Sale of businesses/Business Break-ups
- Family Law issues
- Estate Planning issues
- New investors/partners joining businesses
- How best to deal with the ATO when they request legal documentation prepared for clients
Learning Outcomes:
Participants will gain an improved understanding of:
- The better practice approaches to drafting legal documentation with tax impacts
- Issues for Trusts, especially around Deeds!
- Common types of legal documentation with tax impacts
- ATO approaches to obtaining and analysing legal documentation with tax impacts
Suited to:
Accountants, tax practitioners, BAS agents, lawyers and other practitioners serving small businesses, private groups and wealthy individuals.
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – Legal Documentation and Tax – Tricks, Traps and TacticsVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Bruce CollinsTax Controversy Partners
is the founder and principal solicitor at Tax Controversy Partners Pty Limited, currently helping clients to resolve all types of tax issues with the ATO and SROs, as well as dealing with corporate regulatory and insolvency issues for clients. Before moving into private practice in 2017, Bruce worked for over 35 years in the Tax Office, a third of this time as a Senior Executive in what is now Client Engagement Group, covering most ATO functions. Bruce was the leader of the Technical & Case Leadership area in Aggressive Tax Planning and then Private Wealth for several years prior to leaving the ATO, as well as having previously been the strategic and technical leader for many of the ATO’s compliance programs. Bruce has reviewed tens of thousands of legal documents relating to taxation obligations while at the ATO and has valuable insights to share from those experiences.
Bruce has an Accounting Certificate (1989), a First-Class Honours Degree in Law (1995), a Graduate Diploma in Legal Practice (1996), a Masters of Taxation (2003) and a Masters of International Taxation (2006). Bruce is a Chartered Tax Advisor with the Tax Institute, a member of the Law Society of NSW, a member of the AICD and is both a member of the Law Council of Australia and current Chair of their SME Business Law Committee.