Tax Training
About Tax Training
Cartland Law’s Tax Training is held each week from 9 am to 10 am on Friday mornings. We have been holding these Tax Training in some form from over a dozen years. Originally, they were held for the staff of Dr Campbell Rankine and open to interested parties. Dr Rankine still leads the majority of the sessions.
The format of the tax trainings is a discussion group and not a lecture. They are at an advanced level and intended to delve deep rather than wide. You receive 1 CPD Point for attendance.
Typically, we discuss one case per week. The nature of the discussion is not predictable (indeed the best parts are often tangential discussions) and sometimes the case may be extended across multiple weeks. The cases chosen for discussion are either part of deep dives down particular topics (eg the nature of a beneficiary’s interest in a trust) or novel judgments as they are arise. Accordingly, while there is an overarching narrative the subject for the next week can only be truly finalised one week in advance. Sometimes topics are set in advance (particularly when the discussion leader is from interstate) and the narrative will flow around that set session.
We consider black letter law. Accordingly, Tax Training is suitable for both private practitioners and officers of the revenue as we ultimately have the same aim: to ensure that taxpayers pay the correct amount of tax.
If you would like to attend a particular week, please RSVP below on this page using the form before the event with your coffee/tea order and we will have it waiting for you when you arrive. Alternetively you can email our office manager Pamelia. Places will be secured by the first responders. Unfortunately, due to the nature of the discussions, they are in-person only. There is no cost to the trainings.
There is a mailing list to join if you would like to be alerted to the Tax Training topics on a week-to-week basis.
Upcoming Sessions
Tax Training – 26/7/24 – Dr Campbell Rankine: Laybutt v Amoco
There are different types of options: options per se, conditional contracts, and offers with consideration not to revoke. These are set out in Laybutt v Amoco. The different types of options have different legal and taxation effect, in particular with Stamp Duty. Dr....
How to attend
Fill out the form to the right by adding in your name, email address, name and date of the event you will be attending and what drink you would like to have.
Tax Training Attendance Form
Cartland Law’s Tax Training Notification List
Subscribe to the Tax Training Email List to recieve an email each Friday afternoon notifiying you about the Tax Training session for the following week, plus reading and preparation materials.
Cartland Law’s Tax Training Notification List
Subscribe to the Tax Training Email List to recieve an email each Friday afternoon notifiying you about the Tax Training session for the following week, plus reading and preparation materials.
Proposed Sessions
Proposed Upcoming Tax Training Cases
MSP Nominees Pty Ltd v CSD(SA) [1999] HCA 51; Baker v Archer-Shee [1927] UKHL 1; Laybutt v. Amoco AUSTRALIA PTY. LTD. (1974) 132 CLR 57; The Countess of Bective v FCT (1932) 47 CLR 417; Cisera v Cisera [2023] NSWSC 1507 Loan Market Group Pty Ltd v Chief Commissioner...
Past Sessions
Tax Training – 19/7/24 – Dr Campbell Rankine – Corpus Distributions – Fischer v Nemeske
After considering the problems with creating present entitlement to income due to the trustee's right of indemnity, we will next consider how to make distributions of corpus to beneficiaries. We will consider the various judgements in Fischer v Nemeske and how this...
Tax Training – 5/7/24 – Dr Campbell Rankine: Present Entitlement & the Trustee’s Right of Indemnity
Having examined the Whiting formulation, which requires for present entitlement to be created a beneficiary must have the right to demand a distribution from the income of the trust. We then discussed the inherent problem with this formulation, which is in order to...
Tax Training – 28/6/24 – Dr Campbell Rankine: Present Entitlement & the Trustee’s Right of Indemnity
This week we will continue our exploration of Present Entitlement & whether that can be achieved when the assets of the Trust are subject to the Trustee's Right of Indemnity. Dr. Campbell Rankine will lead us through this topic. Required Reading: WF...
Tax Training – 14/6/24 – Dr Campbell Rankine: Partnerships and CGT
There is a strange deeming of capital gains made by partners in a partnership. The legislation does not fit comfortably with partnership law. We are going to explore how this strictly operates and how the ATO interprets it. Dr. Campbell Rankine will lead us through...
Tax Training – 7/6/24 – Dr Campbell Rankine: Div 7A and Overdrawn Partnership Accounts
Drawings to and from the accounts of partners is an essential aspect of partnerships. In a recent PBR the ATO considered partnership drawings to be a loan or financial accommodation for the purpose of Division 7A. Are the PBRs an anomaly or will the ATO seek to...
Tax Training – 31/5/24 – Dr Campbell Rankine: ACCC v Master Wealth Control and so called “Vestey Trusts”
We will look at the recent case concerning Master Wealth Control Pty Ltd (the DG Institute) and Dominique Grubisa and the purported claims of creating novel trusts by the name of “Vestey Trusts”, the attempts at gift and loan back for asset protection, attempts to...
Tax Training – 24/5/24 – Dr Campbell Rankine: Farnsworth v FCT, White v Shortall, trading stock and fungibles
The next step in our exploration of fungibles and equitable rights in relation to them is considering trading stock and when it is on hand and how it can be dealt with. Led by Dr Campbell Rankine Required reading: Farnworth v Federal Commissioner of Taxation [1949]...
Tax Training – 17/5/24 – Dr Campbell Rankine: Wash Sales and Fungibles
Where an asset is sold and then bought back to crystallise a CGT Event the ATO seeks to apply Part IVA. But there are more fundamental issues where fungibles are involved in trusts, as seen in the discussions in White v Shortall. Led by Dr Campbell Rankine Required...
Tax Training – 10/5/24 – Dr Campbell Rankine: Continuing White v Shortall
We will resume Tax Training on 11th May continuing with a discussion on White v Shortall led by Dr Campbell Rankine. White v Shortall (2006) 68 NSWLR 650 White v Shortall: https://jade.io/article/3581
Tax Training – 12/4/24 – Dr Campbell Rankine: Declaring Trust Over Fungibles – Hunter v Moss and White v Shortall
We will resume Tax Training on 12th April with a discussion on declaring trusts over fungibles and whether that fails for lack certainty of subject matter, led by Dr Campbell Rankine. Two controversial decisions will be discussed: Hunter v Moss [1994] 1 WLR 452 and...
Contact us
0428 053 647
PO Box 6433, Halifax Street, SA 5000
Level 12, 431 King William Street, Adelaide SA 5000