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Rose Lockie (Partner Gadens)
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Tax Issues in Family Law Proceedings – you can run but you can’t hide
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Tax Issues in Family Law Proceedings – you can run but you can’t hide
Tax issues such as CGT (including rollover relief), Division 7A as well as trust and corporate law issues frequently arise in family law property proceedings. A recent trend has also seen the Commissioner of Taxation intervening in s79 proceedings to secure payment of tax debts owed by a party or parties to the marriage prior to any distribution of property.