Australia

International Estate Planning: Estate Structuring for Australians who are US Citizens or Green Card Holders

Posted in International Estate Planning, Australia | Posted on Sep 10, 2020

Consider this scenario:  You and your spouse are Australians with US citizenship or green cards, and intend to live in the US indefinitely.... Read more

Capital Gains and Non-Resident Beneficiaries: It’s Bad News Again as Martin Holdings Confirms Greensill

Posted in Australia | Posted on Sep 3, 2020

On August 18th, 2020, the Federal Court of Australia handed down its decision in N & M Martin Holdings Pty Ltd v Commissioner... Read more

Structuring Australian Inheritances for US Citizens and Green Card Holders – Testator Considerations

Posted in International Estate Planning | Posted on Aug 27, 2020

How should your estate be structured if one of your children lives in the US and intends to do so indefinitely?  This is an... Read more

LLC Series: Selling or Converting an LLC interest – the Australian Tax Implications: Hybrid Entities, Subdivision 122-B, and the Impact of Burton

Posted in Limited Liability Company Series | Posted on Aug 20, 2020

For Australian tax purposes, an LLC is a “foreign hybrid company” and treated as a partnership for Australian tax purposes if it satisfies... Read more

LLC Series: Selling or Converting an LLC Interest – the US Tax Implications: Partnerships, “Effectively Connected Income” and the US Non-Recognition Rules

Posted in Limited Liability Company Series | Posted on Aug 13, 2020

An LLC is a popular entity for Australians investing, or carrying on business, in the US. What happens if your business has matured... Read more

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