Bamford’s Case - Watch out for the Practical Implications
Published on 29 Oct 2009
| Took place at The Chatswood Club, Sydney, NSW
The Full Federal Court decision in Bamford’s case represents a landmark decision in the area of taxation of trusts
and is probably the most important decision handed down by the courts so far this year. It also has very significant
practical implications in connection with the drafting of discretionary trust deeds and trustees’ resolutions in
relation to the distribution of trust income and capital. This event was aimed at those involved in the drafting and/or reviewing of
discretionary trust deeds and/or trustees’ resolutions.
This event covered:
- proportionate approach v quantum approach - which one is correct?
- distribution of capital gains and other categories of income - is this still possible?
- drafting of trust deeds - what to watch out for?
- wording of trustees’ resolutions.
Note: These materials were also deliverd at events held on the following dates:
- 29 September 2009 at Sydney (October Bi-Monthly Breakfast Club)
- 1 October 2009 at Parramatta (October Bi-Monthly Breakfast Club)
- 27 October 2009 at Hurstville (October Quarterly Breakfast Club)
Get a 20% discount when you buy all the items from this event.