21 Agreement of Sale and Purchase of Property - Legal & Tax Issues (Webinar Recordings)

Prices NZD & excl. GST - Broadcast Date: 10 August 2021

Quantity
Add to Cart

Product Description

The majority of the legal issues that arise with agreements for sale and purchase are ones that need to be considered before the parties put pen to paper. This webinar will enable attendees
to better identify and understand some of these early issues and how we can avoid them. 


Topics included in this webinar are:

  • Ensuring the Agreement is binding – common issues
  • Purchasing entity
  • Bright line considerations
  • Trust/ estate considerations 
  • Getting the conditions right
  • Purchase price allocation rules
  • Other issues…


The webinar will enable attendees to advise their clients in relation to entry into Agreements for Sale and Purchase and some pitfalls to avoid.


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

  • identify issues around parties entering into agreements
  • alert clients to potential issues around purchasing entity, especially where clients wish to change this (bright line considerations)
  • provide advice around considerations for trusts entering agreements
  • ascertain what conditions are appropriate and which might fall short
  • have further understanding of the purchase price allocation rules, and when they are required.
  • Better advise your client on other potential issues that might arise in the course of a transaction.


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


Suited to:

Accountants, lawyers, advisors, and other professionals (foundation, intermediate) advising on or party to Agreements for Sale and Purchase for residential land.


PRESENTER

Stephanie Judd, Associate, Gallaway Cook Allan Lawyers

Stephanie is an experienced property practitioner with more than 10 years experience specialising predominantly in residential property transactions for private clients through to large scale developers.


Part 2 - Tax Issues

This course covers critical tax issues and common questions in relation to Sale and Purchase Agreements of both residential and commercial land and property.


Topics covered in this webinar include:

  • Zero-rating for GST
  • Purchase price allocations
  • Income tax considerations for timing under the
    Bright-line rules
  • GST mixed use property
  • Deferred settlements
  • Assignments of leases


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

  • Identify GST and Income Tax risks associated with Sale and Purchase Agreements
  • Identify whether your activities or clients’ activities need attention


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


Suited to:

Intermediate and above accountants in commercial or public practice.


PRESENTER


Ryan Watt

Ryan is a Partner in the tax advisory team at Findex. He has a wide range of clients from privately owned New Zealand companies to multinational groups, to whom he provides a broad spectrum of advice on tax,
mergers and acquisitions, transaction services, property and international tax structuring.