This week’s session continues the series on Commissioner of Taxation v Bendel [2026] HCA 18, picking up where last week left off. The focus this week is present entitlement and the separate trust, taken in that order. Come prepared to discuss the following: ...
This session continues last week’s discussion on vector-based accounting for trusts. The issue remains whether trust accounts should be understood as a single static balance sheet, or as a series of related but distinct accounts which separately express legal form,...
Last week we turned to consider s 106-5 of the ITAA 1997 and the question of what CGT event occurs when a partner contributes an asset to a partnership without transferring legal title, and how the resulting gain or loss is attributed between the partners....
This session continues last week’s discussion on Harvey v Harvey and the two competing models of partnership property, and turns to s 106-5 of the ITAA 1997. The central question is what CGT event occurs when a partner contributes an asset to a partnership...
This session continues from last week’s discussion of Harvey v Harvey and turns to the question that necessarily follows: how does section 106-5 of the ITAA 1997 operate where a partnership holds (or appears to hold) a CGT asset, and what does the section...
This session moves past PCG 2026/D2 to examine the question that sits underneath it: when land is made available to a partnership but not contributed to it, what is the legal character of the accretions to that land produced by partnership activity, and what are the...
