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Courses/Accounting & Tax/Tax Planning & Compliance

Tax Implications: Asset Value Allocation in Sale Agreements

Understanding Allocation Rules and Their Impact on Tax Situations.

Created byTEO Training
BeginnerUpdated Jan 21, 2025
Tax Implications: Asset Value Allocation in Sale Agreements

What You'll Learn

check_circleUnderstand when and how the new rules and principles apply to asset value allocation.
check_circleIdentify specific tax situations impacted by the updated rules.
check_circleRecognize the implications of tax allocation for different asset categories.
check_circleAdvise clients on compliance and optimal structuring under the new rules.

About This Course

Income tax legislation requires a sale and purchase agreement to allocate the sale/purchase value to different tax categories at the time of the sale.This webinar will review the rules and the impact they have on a number of different income tax situations. The reinstatement of tax depreciation for non-residential buildings also needs to be considered.

Specifically, we will look at the following situations where the new rules will apply:

  • Allocation of Assets Between Associated Persons.
  • Allocation between Land & Buildings.
  • Improvements to Land.
  • Residential Rental Properties.
  • Commercial Buildings.
  • Allocations in a New Build.
  • Allocations in Business Sales.

Suited to:

This webinar is suited to intermediate through to advanced accountants in public practice who are dealing with accounting for the sale and purchase of assets and businesses. It will also be suitable for accountants employed by SME businesses.

Your Instructors

TEO Training
TEO Training
menu_book204 courses
star224 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Mike  Hadwin
Mike Hadwin

Director, Symmetry Advisory

Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 30-plus years of tax experience as a public Chartered Accountant (CA) and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.

Credit Information

What Students Are Saying

5.0
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6 reviews

Frequently Asked Questions

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