Death & Taxes : tax effective estate planning / M. Flynn, M. Stewart, .

Pyrmont, N.S.W. : Thomson Reuters, 2022.

7th edition

202371

Tax planning -- Australia.

Estate planning -- Australia.

1. Introduction and overview

2. Tax-effective estate planning

3. Compliance obligations and payment of tax

4. Final year receipts of the deceased

5. Final year expenses and losses of the deceased

6. Assets owned by the deceased at death

7. Final year tax offsets of the deceased

8. Taxation of a deceased estate or testamentary trust

9. Receipts of a deceased estate or testamentary trust

10. Expenses and losses of a deceased estate or testamentary trust

11. Distribution or disposal of assets by a deceased estate or testamentary trust

12. Taxation of beneficiaries on receipts and assets directly received

13. Taxation of beneficiaries on receipts from a deceased estate or testamentary trust

14. Expenses of beneficiaries

15. Taxation of beneficiaries on assets distributed from a deceased estate or testamentary trust

16. Beneficiary dealings in interests in a deceased estate or testamentary trust

17. Philanthropy and tax-effective estate planning.

Death & Taxes: Tax Effective Estate Planning Seventh Edition is a rigorous and accessible guide to the tax consequences of death in Australia, including income tax, CGT, GST, state and territory duties and land tax. This work will help you to plan and prepare better outcomes for your clients through an enhanced understanding of the impact of tax laws on all assets controlled by an individual at death. Death & Taxes: Tax Effective Estate Planning provides a consolidated guide to managing the affairs of the deceased and will give you the confidence to advise on estate planning and the tax consequences of death. The Seventh Edition incorporates new developments across a wide range of areas of tax law since 2014, including: New rules for taxing distributions from testamentary trusts to minors ; Practical Compliance Guideline PCG 2018/4 about tax liabilities of legal personal representatives ; Practical Compliance Guideline PCG 2019/5 about extending the main residence exemption beyond 2 years after death ; New CGT and GST withholding obligations on legal personal representatives who sell properties. - Publisher's website.

Previous edition 2014

Includes bibliographical references and index.

9780455502137

xxix, 556 pages ; 24 cm