Published on 19 May 11
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This paper covers:
the issues considered by the high court in Bamford
some issues concerning a trustee's decision regarding "updating" the trust deed post Bamford
the power under a trust deed to amend the trust deed
using the amending power
trustee resolution regarding the appointment of income.
CTA Michael is a founding Solicitor-Director of Binetter
Vale Lawyers. With more than 30 years experience in tax and
law he specialises in estate planning, revenue laws, commercial
transactions, property and superannuation laws. Michael is
Chairman and a founding member of the Taxation Advisory
Committee of the Law Society of NSW for Specialist Accreditation
in Business and Personal Tax, and a member of the taxation
committee of the Law Council of Australia. Michael is also a
member of the Business Law Committee of the Law Society
of New South Wales and the Chairman of the Taxation and
Superannuation subcommittee. Michael has lectured extensively on
income tax, capital gains tax, stamp duty and superannuation law. Current at 01 April 2011
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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