Sladen Legal offers a fresh approach to legal services
Launching a new brand and identity might seem like a daunting task for many businesses, but for law firm Sladen Legal, it was an exciting step forward. On Monday 20 May, the Melbourne-based firm started operating from a brand new office, with a new name, a new focus and a clear vision for its future.
FCT v Greenhatch - CGT Streaming Appeal
On 10 May 2013, the High Court of Australia refused the taxpayer special leave to appeal FCT v Greenhatch [2012] FCAFC 84; [2011] AATA 479.
Accordingly, prior to 1 July 2010 and the amendments made by TLAM No 5 2011, differential streaming of capital gains between trust beneficiaries was ineffective. The beneficiaries of any trust that has differently streamed capital gains will have an exposure to audit activity, amended assessments and penalties.
Off the plan sales and amendments to the plan of subdivision
On 3 May 2013, the Supreme Court of Victoria handed down its decision in Lockwood v PSP Investments Pty Ltd [2013] VSC 10 (Lockwood).
This decision considers a critical issue in off the plan developments – what amendments can be made to a proposed plan of subdivision between the time that a contract is entered into and registration of the plan of subdivision, without giving a purchaser a right to terminate their contract?