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30 Jul 08 Changes affecting family trusts

In a broadcast message sent to tax agents on 21 July 2008, the ATO advised that there have been a number of recent changes to the trust loss measures which will affect tax agents with clients who may have made a family trust or interposed entity election. In particular, the message alerts agents to the 2008-09 Federal Budget announcement and the introduction of Tax Laws Amendment (2008 Measures No 4) Bill 2008 on 26 June 2008: see 2008 TAXVINE No 25 (15) (27 June 2008).

For a copy of the ATO broadcast message, go here

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