Published on 30 Mar 00
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
This paper refers to all six recommendations, then endeavours to provide some insight as to how consolidation may apply,particularly to closely held entities including trusts. There is no draft legislation available yet. It is anticipated that draft legislationmay be available around June/July 2000, with the family group provisions to be drafted thereafter.
Andrew Sinclair, CTA is a partner in Cowell Clarke's Tax & Revenue practice group. As a tax and superannuation specialist with over 25 years' experience, his qualifications are in law and as a Chartered Accountant. With a broad knowledge of corporate and business law, Andrew has specialist expertise in private client scenarios. This usually involves discretionary trusts, private companies and the diversity of views that family dynamics delivers.
- Current at
22 November 2017