23 Commercial Property Investment 2023 – The Tax Issues (Webinar Recording)
excl. GST - Broadcast Date: 24 October 2023
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Product Description
Understanding the income tax rules that apply to commercial property investors and landlords can be a challenge.
This webinar will provide an overview of the rules and how they might apply with practical examples. We will discuss the income tax considerations on the acquisition of a commercial investment property, the implications and matters to consider for commercial landlords, and the taxation matters to apply to commercial property developers.
In particular the session will cover:
- Land taxation rules that could apply on sale of commercial property
- Depreciation of assets, including buildings, considering specific rules/exemptions
- Leasehold improvements
- R & M considerations
- Lease premiums, inducements and discounts
- Capital gains, including ownership considerations
- GST matters and implications
The webinar will work through a variety of practical examples, including how the existing rules apply and how recent changes will impact on commercial property investment and development.
Upon satisfactory completion of this activity you will be able to:
• Understand when a sale may be taxed
• Understand what other taxes might be payable on sale
• Understand the taxation rules that apply to landlords owning commercial investment property
• Apply these to practical situations
Total of CPD Hours: 1.25 (1 Hour 15 min)
Suited to:
Accountants, Property Lawyers and Real Estate Agents.
PRESENTER:
Daniel Gibbons, Partner, Findex/Crowe
Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 15 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.