Crowe Horwath Capital Gains Tax Seminar
18 March 2019
Start Time: 12:00pm to 1:00pm
- Location: Dunedin
- Venue: Otago Chamber of Commerce, Level 3, 442 Moray Place
Join us for a lunchtime seminar presented by Jarod Chisholm, Senior Partner - Tax Advisor and Scott Mason, Managing Partner - Tax Advisory of Crowe Horwath.
On 21 February 2019, the Tax Working group released its final report to the public, setting out their collective view of how new taxes on capital gains (normally called a Capital Gains Tax) should be introduced and applied.
Key aspects are what assets will be included, how will gains be measured (or cost bases established), which gains will be excluded or subject to roll-over relief, which losses will be allowed, when will it be implemented (to which assets), and when will gains be triggered (accruals or disposition).
Undoubtedly, even at this stage, there is some water to flow under the political/legislative bridge before we go to the polls in 2020, but this presentation will focus on what we as business people need to know to make sensible decisions, and perhaps even start planning for any consequential actions required.