Published on 12 Sep 02
by VICTORIAN DIVISION, THE TAX INSTITUTE
This powerpoint presentation discusses the practical difficulties of trusts, including: division 6 issues concerning distribution of trust income not reflecting the existence of CGT, dealing with significant differences between a trusts accounting income and taxable income, the ability to stream types of income and potential traps widely unknown or disregarded, Quantum v Proportionate approach, recent case law and practical issues.
Clive is a Tax Partner with William Buck.
- Current at
09 June 2004