Queensland Family Law Practice

Who is liable for the tax when assets are transferred in divorce?

Who is liable for the tax when assets are transferred in divorce?

The liability for tax when assets are transferred in divorce will depend on a number of factors, such as the specific assets being transferred, the financial circumstances of the parties involved, and any formal agreements or court orders in place. It is recommended to seek advice from a tax professional or accountant to determine who may be liable for the tax.

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