In Australia taxation tends to involve black letter law and thus it is necessary to have regard to form as well as to substance.
This is a book for share and property investors and the owners of small businesses. It analyses the various alternative legal structures which should be considered.
Rather surprisingly, despite a great thirst for knowledge on the part of asset holders, very little has previously been published about this important subject.
The various chapters cover the ownership of assets by individuals, partnerships, trusts, companies and superannuation funds. A description of tax rulings and tips for small businesses are also included. Wills and powers of attorney are dealt with.
This book will provide much food for thought for informed family discussions and will also assist readers to analyse the alternatives intelligently with their professional advisers.
