Understanding the income tax and GST rules that apply to commercial property investors and landlords can be a challenge.

This webinar will provide an overview of the rules and how they might apply using practical examples. We will discuss the income tax considerations on the acquisition of a commercial investment property, the implications and matters to consider for commercial landlords, the income tax matters that apply to commercial property developers. We will also look at the GST implications and considerations for commercial property investors/owners.

In particular, the session will cover:

• Land taxation rules that could apply on sale of commercial property
• Depreciation of assets, including buildings, considering specific rules/exemptions and the recent removal of depreciation on buildings and what remains depreciable
• Leasehold improvements
• R & M considerations
• Lease premiums, inducements and discounts
• Capital gains, including ownership considerations
• GST matters and implications

The webinar will work through a variety of practical examples, including how the existing rules apply and how recent changes impact on commercial property investment and development.

Upon satisfactory completion of this activity, you will be able to:

• understand when a sale may be taxed
• understand what other taxes might be payable on sale
• understand the taxation rules that apply to landlords owning commercial investment properties
• apply these to practical situations

Suited to:

• Commercial Property Investors
• Accountants
• Property Lawyers
• Real Estate Agents.

Total CPD Hours: 1.25 (1 hour 15 min)

PRESENTERS:

Daniel Gibbons, Partner, Findex/Crowe
Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 15 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.