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  • Article

    Apply For QPBOC Queensland Pharmacy Business Ownership License By 2 November 2026

    Queensland pharmacy business owners face a critical 2 November 2026 deadline to apply for QPBOC licensing under the new Pharmacy Business Ownership Act 2024. Many ownership structures involving discretionary trusts, companies, or non-practising pharmacists may be non-compliant, yet waiting to restructure before applying could prove costly. Understanding the material interest requirements, compliance pathways, and strategic advantages of early application is essential for protecting your pharmacy business.
    AustraliaCorporate/Commercial Law
    Bennett & Philp Lawyers
    Bennett & Philp Lawyers
  • Article

    High Court clarifies what is a unit trust

    This recent High Court decision provides useful guidance as to what constitutes a unit trust under the ITAA 1936 (Cth).
    AustraliaCorporate/Commercial Law
    Carroll & O'Dea
Carroll & O'Dea
  • Article

    Trusts in operation – benefits and burdens

    Trusts have well-documented benefits, but trustees can be burdened by their complex legal and fiduciary obligations.
    AustraliaCorporate/Commercial Law
    Bartier Perry Solicitors
    Bartier Perry Solicitors
  • Article

    The Government's parting gift to investors: Attribution Managed Investment Trusts (AMITs) and Collective Investment Vehicles (CIVs)

    CIVs will have flow-through status for tax purposes and similar criteria as the MITs, to encourage foreign investment.
    AustraliaStrategy
    Sparke Helmore Lawyers
    Sparke Helmore Lawyers
  • Article

    The Wait Is Over… Or Is It? The 30% Minimum Tax Exposure Draft Legislation Provides Answers, But Questions Remain

    The Australian Treasury has released exposure draft legislation detailing the implementation of a 30% minimum tax on discretionary trusts, introducing a new election regime that allows trusts to nominate fixed distribution entitlements and avoid the minimum tax. While the draft addresses stakeholder feedback and provides rollover relief for restructuring, it presents complex compliance requirements, strict limitations on beneficiary variations, and potential resettlement issues that may create challenges
    AustraliaTax
    Piper Alderman
    Piper Alderman
  • Article

    Trust Deed Amendments: Why Careful Variation Matters

    Before amending a trust deed, it is important to carefully review the deed to determine whether the proposed amendment is permitted and what requirements must be followed.
    AustraliaFamily and Matrimonial
    HHG Legal Group
    HHG Legal Group
  • Article

    APRA hones in on trustee spending behaviour

    Looks at trustees' obligations to put the financial interests of fund members first when making fund expenditure decisions.
    AustraliaCorporate/Commercial Law
    Piper Alderman
    Piper Alderman
  • Article

    SMSF by the trust deed

    The terms of a SMSF trust deed must be reviewed for estate planning, and before any act is done concerning the fund.
    AustraliaFinance and Banking
    Carroll & O'Dea
    Carroll & O'Dea
  • Article

    Who (and what) made the 2018-19 Budget naughty or nice list?

    This Budget has a modest impact on individuals and businesses, and a small tax reduction for many medium income earners.
    AustraliaGovernment, Public Sector
    McCullough Robertson
    McCullough Robertson
  • Article

    Section 100A Reimbursement Agreements: The ATO finalises its views…for now

    The meaning of the phrase ‘ordinary family or commercial dealing' has been the subject of much attention from the ATO.
    AustraliaTax
    McCullough Robertson
    McCullough Robertson
  • Article

    Trustees of a charitable trust must pursue its charitable purposes at all times

    This decision is a helpful guide for trustees of charitable trusts to exercise their powers for a charitable purpose.
    AustraliaCorporate/Commercial Law
    Colin Biggers & Paisley
    Colin Biggers & Paisley
  • Article

    APAC Monthly Private Wealth Legal Developments – June 2025

    ASIC has provided Australian financial services and credit licensees additional targeted relief under the reportable situations regime in response to feedback from industry.
    GlobalWealth Management
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Significant changes to New South Wales stamp duty laws - round-up

    Trustees, landholders, and the residential home market are all affected by stamp duty changes in New South Wales.
    AustraliaTax
    Clayton Utz
    Clayton Utz
  • Article

    Trust Resettlement Series: Amending The Trust Deed

    Resettlement risk continues to be one of the most significant risks that trustees and beneficiaries need to manage in the administration of trusts of any kind.
    AustraliaTax
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Minimum Tax On Discretionary Trusts: What The Exposure Draft Means For Trustees

    The Australian Government has released exposure draft legislation for a proposed 30% minimum tax on discretionary trusts, effective from 1 July 2028. Trustees now face three strategic pathways: remain within the minimum tax regime, restructure using transitional rollover relief, or elect into the new excluded election trust (EET) regime with restricted distribution flexibility.
    AustraliaTax
    Holding Redlich
    Holding Redlich
  • Article

    Owies v JJE Nominees: The trustee's consideration of beneficiaries in income distributions and the written reasons conundrum – When is a trustee not acting in the best interests of the beneficiaries and can be replaced by the court?

    The power of the trustee in family discretionary trusts and the duty of the trustee to consider the beneficiaries.
    AustraliaCorporate/Commercial Law
    Pointon Partners
    Pointon Partners
  • Article

    Trustee's power to advance and apply the assets of a trust examined by High Court

    The High Court has clarified that trustees can have many options in advancing and applying the assets of a trust.
    AustraliaCorporate/Commercial Law
    Carroll & O'Dea
    Carroll & O'Dea
  • Article

    Withholding Tax Cut For Clean Building Managed Investment Trusts: Clarity Provided On Breadth And Detail Of Tax Concession

    The Federal Government has introduced a Bill to reduce the withholding tax rate for certain managed investment trusts.
    AustraliaCorporate/Commercial Law
    DLA Piper Australia
    DLA Piper Australia
  • Article

    Minimum Tax On Discretionary Trusts: Definitional Challenges Would Broaden Impact

    A new proposed minimum tax on discretionary trusts aims to prevent income-splitting but could inadvertently capture commercial trust structures used by property and infrastructure groups. The definitional challenge centers on what constitutes a 'discretionary trust' and whether the existing fixed trust rules are appropriate for determining scope. Without proper limitations, many multi-layered structures with no income-splitting function may face unintended tax consequences and compliance burdens.
    AustraliaTax
    Corrs Chambers Westgarth
    Corrs Chambers Westgarth
  • Article

    Capital Gains Tax And Negative Gearing Amendments: Key Changes And Implications

    On 28 May 2026 the federal government introduced a Bill to Parliament to give effect to the wide-ranging capital gains tax (CGT) and negative gearing changes that had been announced in the 2026-27 Federal Budget
    AustraliaTax
    Corrs Chambers Westgarth
    Corrs Chambers Westgarth
  • Showing 421–440 of 448 results

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