Australia's largest stock trading and investment forum Australia's #1 stock forum

Yes what about if a farmer leaves the family farm to one of his...

First 4 Last

Share
Profile

Follow
TopSahara

9,649 Posts.

976

09/04/22

10:15

Post #: 60755715
Share

Originally posted by gearset: ↑

I wonder how this will work in practice?

Will goods, land and buildings become the property
of The Crown, or will the family of the deceased be
forced to liquidate the assets and provide the proceeds
to The Crown with any shortfall from the ATO valuation
being made up by the family?

Standby for 60 Minutes to present a grieving, recent,
widow having her front door kicked in by the thugs
from the ATO so they can sift through the house
to make the Death Duties Assessment. This is what
used to happen. (except for the door being kicked in)

This is a gift for the LNP if they have the guts to
create the emotive advertising.

Expand

Yes what about if a farmer leaves the family farm to one of his sons, most times they would have to sell the farm to pay the tax.
10 Upvote

Reply

Top Stories

DMP

Is Domino's a steal after -25% plunge?

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Trump chides Powell as Goldman call for calm. The RBA must be nervous

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

First 4 Last

SPONSORED BY