Published on 12 Mar 09
by NATIONAL DIVISION, THE TAX INSTITUTE
This paper examines two very recent decisions which deal with the powers of the Family Court (and the Federal Magistrates Court) which are of great importance to SME tax advisers. This paper also considers some tax issues raised by these decisions and comments on the continuing usefulness of discretionary trusts for asset protection.
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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