In this webinar we will discuss the Emissions Trading Scheme, how it works and how it applies to forestry owners in New Zealand.

We will work through the income tax and GST considerations associated with the purchase, receipt, sale and surrender of emissions units.

We will consider practical examples to assist in understanding how the rules apply and the things to consider when advising clients on these issues.

In addition we will look at the structure of land transactions in respect of which there are forestry considerations and the implications of forestry rights being granted or cancelled.

Upon satisfactory completion of this activity you will:

• have an awareness of the tax issues that arise on being a participant in the Emissions Trading Scheme
• gain an understanding of the issues arising when entering into forestry transactions where the forest is subject to the Emissions Trading Scheme.

Suited to: Accountants and other professionals advising agricultural businesses at all levels but targeted at those who will have some familiarity with the content and ETS basics.

Total CPD Hours: 1.25 (1 hour + 15 mins. Q&A)

PRESENTER

Scott Mason, Managing Partner, Findex

Scott Mason has 29 years’ experience advising on tax matters, primarily for larger owner-managed businesses throughout NZ, and is a serial Angel Investor.  He is a regular presenter for
TEO Training and CCH, and Deputy Chair of the CAANZ Tax Advisory Group.  He is a Managing Partner for FindexCrowe.  Scott is renowned for making complex issues understandable.