This On Demand session was recorded on 4 February 2021. 

Anticipated to be of relevance for transactions taking effect from 1 July 2021, the new tax rules for purchase price allocation will impact both vendors and purchasers in respect of property and business transactions. Legal advisors will therefore need to be apprised of the new rules, and their tax implications for clients, when deals are being negotiated and agreements are being signed. Presented by an experienced tax lawyer, who has been working with Inland Revenue policy officials in respect of the impending legislation, this webinar will provide key information with practical examples at a vital time._x000D_

Who should view?

All legal professionals involved in negotiations and contracts for sales and purchases of properties and businesses. Real estate agents, valuers and accountants would also benefit from attending.

Learning Outcomes

• Gain a better understanding of what the new tax rules for purchase price allocation are, who they will affect and how they will work. 
• Become apprised of the risks of not allocating purchase price, or of getting it wrong.
• Gain insights into when obtaining valuations would be advisable, and the type of valuation needed. 
• Benefit from worked examples.
• Learn about what questions remain unanswered and how these will be addressed in practice.

Presenter Details

Helen Johnson
Nicky Harrison