MEDIA
PUBLISHED ARTICLES
The Tip of a Taxation Iceberg? The potential liability of a legal personal representative – Proctor (Queensland Law Society), November 2018
CGT changes to amount to unfair ‘death tax’ for Australian expats – Financial Review, October 2018
CGT Main Residency Exemption – Society of Trust & Estate Practitioners – Australia Supplement June 2018, STEP Australia Newsletter, June 2018
Saying no to being an executor and still keep the client’ – In the Black (CPA Aust), November 2017, with Katerina Peiros of Hartwell Legal.
“Accountants as executors: does it add up?” – In the Black (CPA Aust), September 2017, with Katerina Peiros of Hartwell Legal.
“It’s your funeral – the (frequently thankless) role of the executor” – In The Black, (CPA Aust), June 2017, with Katerina Peiros of Hartwell Legal.
Deceased Estates and the New Foreign Resident Withholding Tax Rules – Lexus Nexus, 2016, Vol. 19, No. 2
Deceased Estates and the New Foreign Resident Withholding Tax Rules – The Last Testament (The South Australian Law Society), June 2016
ONLINE ARTICLES
Christmas: a time for staff engagement and client development – InTheBlack.com, November 2018
Australian expats to be hit with unfair death tax – International Investment Publishing, London, October 2018
Looming tax bills for expatriates – InTheBlack.com, June 201
Lawyers and accountants work together for clients– InTheBlack.com, March 2018
Accountants and Estate work – Live chat: Questions & Answers – CPA Australia, March 2018
Dangers for accountants in being executor of an estate – Live Chat – CPA Australia, March 201
When accountants cross the line to wills and estates – InTheBlack.com, November 2016
BLOG
BNR Partners have won the ‘Accountancy Team of the Year (midsize firm)’ category at the STEP 2019/20 Global Private Client Awards that took place in London on 26th September 2019. Hosted by STEP, the worldwide professional association for those advising families across generations, the Awards are highly regarded as a celebration of excellence across the private client world. All entries go through a rigorous, practitioner-led judging process to select the best in the industry. The Judges commended us by saying ‘BNR Partners’ dynamic and refreshing entry demonstrated strong growth and an impressive commitment to both its clients and to the wider profession‘. Over 600 client professionals and guests gathered for the awards held at the Park Plaza Westminster Bridge in London for an evening hosted by actor, writer and broadcaster Sally Phillip.
Commissioner finalises discretion on extended two-year period to sell dwellings of a deceased estate On 27 June 2019 the Commissioner of Taxation issued the Practical Compliance Guideline PCG 2019/5 to provide an executor (or beneficiary) of a deceased estate with a safe harbour that can be relied upon if a dwelling of a deceased cannot be sold and settled within two years of the deceased’s death.
AAT decision stands despite taxpayer’s death The Administrative Appeals Tribunal (AAT) recently held in in Mavris and FCT (2018) AATA 4130 that it had the jurisdiction to make a decision concerning an objection decision after the completion of a hearing even though the taxpayer died before the publication of that decision.
Significant proposed Division 7A changes BNR Partners regularly consults on the potential impact of Division 7A of the Income Tax Assessment Act (1936) on its clients including private companies that form part of a deceased estate. To recap, Division 7A ensures that the making of a payment or loan by a private company to a shareholder or associate, or the forgiveness of a debt owed by the shareholder or associate to the private company, is treated as an assessable unfranked dividend to the shareholder or associate for the amount of that payment, loan or debt forgiveness unless an exception applies.
SPEAKING
Upcoming speaking events 2020
- Legalwise 5th Annual Estate Planning Program for Accountants – Death & Taxes: some practical discrete issues
13 February, 2020, RACV Club Melbourne – by Mark Morris LLB.Comm, CPA, FTIA – Senior Tax Counsel
Past speaking events 2019
- Tasmanian Tax Institute State Convention – “Death and Taxes”
17 & 18 October, 2019 – by Mark Morris LLB.Comm, CPA, FTIA – Senior Tax Counsel - Law Institute of Victoria Succession & Elder Law Conference
4 October, 2019 – by Ian Raspin, FCPA, CTA, TEP – Managing Director - ACT Law Society Conference – “The Australian Tax Pitfalls of Administering an Estate with International Connections”
26 September, 2019 – by Lyn Freshwater, LLB, Grad Dip Adv Tax – Senior Tax Consultant - Blue Mountains Law Society Succession Conference – “Taxation of Estates with International Connections”
13 – 15 September, 2019 – by Mark Morris LLB.Comm, CPA, FTIA – Senior Tax Counsel - CPA Australia, Hong Kong Branch, joint session with Bryan Mitchell of Mitchell Solicitors, Queensland, who will be presenting on ‘Australian Jurisdictional Risk Factors. “The three D’s: Death, Divorce and Dementia” and Ian Raspin on ‘The Australian Tax Pitfalls of Administering an Estate with International Connections’. 10 June 2019, CPA Australia’s regional office Hong Kong.
- Tax Institute of Australia, Death and Tax Symposium – “International aspects of taxation within Deceased Estates and Testamentary Trusts”, 18 & 19 July, 2019
- STEP Tasmania – “Interactions with the ATO”, 8 March, 2019
Past speaking events 2018
- Society of Trust & Estate Practitioners Western Australia Presentation. 22 November, 2018 – “The Australian Tax Pitfalls of Administering an Estate with International Connections“
- Piper Alderman, Adelaide – Complimentary one hour presentation 21 November, 2018 to be held at the offices of Piper Alderman, Level 16, 70 Franklin Street, Adelaide on “The Australian Tax Pitfalls of Administering an Estate with International Connections“
- College of Law Advanced Wills & Estates Conference. 25 October, 2018 – “Tax Red Flags for Practitioners”
- STEP New South Wales Branch Seminar – “The Australian Tax Pitfalls of Administering an Estate with International Connections, 15 August, 2018”
- Law Society of Tasmania, 26 March, 2018. “Death and Taxes 101 – Support Staff and Paralegals”
- Law Society of Tasmania, 26 March, 2018. “Estate Workshop – A practical approach to Estate, Trust and Superannuation Taxation issues for lawyers”
- Queensland Law Society Symposium, 9 & 10 March, 2018. “Death and Taxes: The liability of a legal personal representative”. Co-presented with Lyn Freshwater, Senior Tax Counsel, Australian Tax Office.
INTERVIEWS
“Specialising in Estates and Trusts”
Ian Raspin FCPA discusses his work as a specialist in estates and trusts, including client engagement, risks and the future outlook. Interviewed by Peter Docherty, General Manager Public Practice, CPA Australia. Part of CPA Australia’s Firm of the Future video series 2016.
“2019/20 STEP Global Private Client Awards – BNR Partners announced as winners of the “Accountancy Team of the Year (midsize firm) 25 September 2019″
Irene Liew TEP gives a personal interview in response to the award presentation 60 second interview with Irene Liew.
PODCASTS
“Tax Yak – Episode 34: Deceased Estates”
Ian Raspin had the recent pleasure of being interviewed by Robyn Jacobson from Tax Banker for their very popular podcast series Tax Yak.
Tax Banter is an industry leading technical tax training organisation that provide monthly training sessions for the tax profession across Australia.
In this interview we discussed some of the many taxation issues associated with deceased estates. The podcast can be accessed here.
“Family Trust Elections and Testamentary Trusts”
CPA Australia Sound Business, interview with Mark Morris Senior Tax Counsel of CPA Australia
“Taxation of Testamentary Trusts”
CPA Australia Sound Business, interview with Mark Morris, Senior Tax Counsel of CPA Australia
RELIABLE, ACCURATE AND TRUSTED
We provide a tailored service that is structured around your unique needs and circumstances.
RELIABLE, ACCURATE AND TRUSTED
We provide a tailored service that is structured around your unique needs and circumstances.
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