Associated Person Transactions 2025 – Making Sense of the Tax Effects
1.25 CPD Hours
Description
Join our webinar to unravel the complexities of associated person tax rules, including when entities are considered associated and the types of transactions affected. Gain insights into the tax impacts on trusts, land transactions, and more, with updated guidance from Inland Revenue.
Transactions between associates trigger a series of tax rules including: market value rules, trust rules, land taxation rules, company taxation rules, FBT and GST. Sometimes the tax effects are punitive and other times concessionary.
This webinar will look at the associated person tax rules including:
- When are two persons/entities associated – including updated guidance from Inland Revenue.
- What types of transactions are subject to associated person rules (including avoidance).
- Associated persons rules as applied to trusts and land transactions – opportunities and threats.
- Other tax impacts: the dividend rules, depreciable assets, employment and FBT, trading stock, and winding-up companies with related party gains and the GST rules.
In this webinar we will identify when, companies, partnerships, trusts and other persons are associated, and identify which transactions are subject to these rules.
LEARNING OUTCOMES
A broad overview of how the income tax and GST legislation treat transactions between associated parties.
SUITED TO
Accountants, Lawyers, Directors, Trustees, Real Estate Agents. The webinar is at an intermediate level.
PRESENTER
Maurits van den Berg, Senior Manager, Taxation Services, Baker Tilly Staples Rodway Auckland
Maurits is a Senior Manager Taxation Services at Baker Tilly Staples Rodway Auckland. He has a special interest in cross-border business and the associated GST and income tax issues. Maurits is also a co-author of the popular CCH publication “A Practical Guide to Taxing Property Transactions”.