Property & Development

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Bowerman: an unusual case that may have unusual implications

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Bowerman: an unusual case that may have unusual implications

In an “unusual outcome” concerning a main residence, the AAT has highlighted the breadth of what constitutes a profit-making scheme and the functionality of ATO public rulings.

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Sladen Legal Property Team Recognised In Doyle's Guide Victoria 2022

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Sladen Legal Property Team Recognised In Doyle's Guide Victoria 2022

Congratulations to Sladen Legal Principal, Victor Di Felice, who has been has been identified by clients and peers for his expertise and abilities as Recommended in Doyle's Guide's Leading Real Estate Property Lawyers - Victoria, 2022.

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Sladen Snippet - GST on sales of vacant land by sheep grazing business

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Sladen Snippet - GST on sales of vacant land by sheep grazing business

For a supply to trigger a GST liability, it needs (amongst other things) to be made in the course of furtherance of an enterprise. A common GST question is whether the sales of vacant lots of land amount to carrying on an ‘enterprise’ and are subject to GST.

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Sladen Snippet: Greig - Full Federal Court decision on capital revenue question

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Sladen Snippet: Greig - Full Federal Court decision on capital revenue question

As we previously reported here, in the decision of Thawley J in Greig v Commissioner of Taxation [2018] FCA 1084 the taxpayer was unsuccessful in arguing the loss on selling shares was deductible on the basis he was in the business of dealing in shares. The taxpayer appealed this decision.