It is often attractive for both the landowner and developer to seek a profit share in relation to the development of residential units for sale. The parties must consider the tax consequences (in this article we are considering the indirect tax issues only) of entering into such relationship. Great care must be taken by the parties in determining how to best structure the relationship in order to ensure certainty of tax treatment.
If you are not a subscriber, subscribe now to read this content.
It is often attractive for both the landowner and developer to seek a profit share in relation to the development of residential units for sale. The parties must consider the tax consequences (in this article we are considering the indirect tax issues only) of entering into such relationship. Great care must be taken by the parties in determining how to best structure the relationship in order to ensure certainty of tax treatment.
If you are not a subscriber, subscribe now to read this content.
.tmb-editorspic.jpg?sfvrsn=df04ab27_1)
