I think it is safer and easier just to pay the GST and then claim it back later. Otherwise the vendor will want to insert a special condition to make the purchaser liable for it if the commission comes back later and says GST is payable – which it could be if it is not really a going concern.

There is a possibility this will be income tax not CGT.

If it is CG then you may get the 50% discount and that figure is then added to your other taxable income and you pay tax at the marginal rate.

I have a lender that would lend to a bankrutp person 6 months out of bankruptcy. Up to 80% LVR, rate is a bit high at 9.35% at the moment, but it is possible to borrow.

Yes, possible. But the points listed above in my post still apply.

What country ?

Cannot be done in Australia.

Just take it into the LTO and they will register it. It remains in force unless revoked, or is contingent on something.

If it had been revoked then it would be an offense for the attorney to use it and there would be civil penalties and perhaps criminal.

theycallmeBruce – I recall watching that movie when I was young.

I am actually not an accountant, but a CTA, chartered tax advisor (and lawyer and mortgage broker and financial planner soon). Also a qualified interpreter, but am getting rusty.

You need to seek better advice.

Trust will not assist in borrowing capacity.

Distributing to non residents is ok, but will result in higher taxes being paid. (citizenship is largely irrelevant, tax residence is what counts).

Yes, you can borrow to buy shares and have the loan secured by the shares – often referred to as a margin loan.

Don't know about bonds – it could be done, but I don't know if it happens.

Matt, what do you mean? $21 per week net would be better than $20.

For serviceablity the more income you have the more you can service. The less loans you have the more you can service.