Published on 19 May 00
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
A paper discussing the impact of the New Tax System on trusts and use of trusts. Considers the practical implications associated with taxation of trusts as companies, the proposed introduction of a profits first rule, the introduction of a concept of Contributed Capital, changes to the CGT, and the introduction of the Collective Investment Vehicle regime.
- Current at
20 August 2017