448 results found

The broad definition of 'foreign persons' will catch discretionary trusts with foreign persons as possible beneficiaries.

Draft taxation determination 2018/D3 outlines the ATO view that a trust split potentially triggers CGT consequences.

If a trust does not qualify as a fixed trust, the Commissioner has a discretion to treat the trust as a fixed trust.

Trust assets are held by the trustee on trust for its beneficiaries and are not always available to meet trustee debts.

A person can choose to carry on business in Australia as a sole trader, in a partnership, in a trust or in a company.

Discretionary trusts can produce nightmarish consequences for creating payroll tax groups.

Transcript & video discussing who should receive the distributions from your family trust. Don't limit your focus to tax matters this EOFY.

In this episode of It Depends, associate Sacha Robinson explains how to choose the right jurisdiction for your trust.

Discretionary trusts are most commonly established under a trust deed and governed by the terms of that trust deed.

Previous article discussed s100A. This article discusses the 1st primary defence to s100A.

Families should professionally maintain their family trust, to avoid expensive and unnecessary legal proceedings.

A discussion of ASIC v Wellington Capital Ltd [2013] FCAFC 52.

It is quite common to use a special purpose entity in the form of a company or trust for major projects.

A wealth of information for trustees of discretionary trusts in exercising discretion to distribute income and capital.

The Court found that the trustee had not given real and genuine consideration in the exercise of its discretion.

This recent case questions whether gift and loan back strategies are effective for estate planning and asset protection.

Each type of trust has advantages and disadvantages. Pros and cons of each discussed.