Published on 18 Oct 96
by TASMANIAN DIVISION, THE TAX INSTITUTE
This paper deals with:
- establishing and operating the trust
- adding beneficiaries to a discretionary trust
- trusts and companies as discretionary beneficiaries
- section 160ZM and unit trusts
- asset protection.
Domenic Carbone CTA
Domenic has been a full-time lecturer, primarily in taxation law, since joining the University of Adelaide in 1992. He is also a Barrister and Solicitor and carries on a tax and legal practice on a part-time basis, and has been a consulting tax adviser to legal and accounting firms. Domenic’s ackground in taxation law extends beyond academia and includes experience in both the private and public sectors. Prior to his appointment as a lecturer,he was a tax manager with a then “Big 8” accounting firm where he was mainly involved in the tax consulting, tax audit and indirect tax areas. Domenic had previously worked for several years in the
Australian Taxation Office where he held a number of positions,including the Legal Officer of the Adelaide branch office of the ATO and Senior Appeals and Review Officer. He also spent some time as Personal Assistant to the Deputy Commissioner of Taxation, the then head of the Adelaide branch office. Current at 06 August 2012
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