Author(s): Mathew CHAMBERLAIN Topics covered include:
- Loans to or from trusts
- Forgiven debts
- Excessive remuneration for services or termination of office
- non-cash benefits
- provision of benefits through interposed entities
- Guarantees by trusts
Author(s): Glen BARTON Topics covered include: What trusts are covered; Distributions; Profits First Rule; Measuring available profits; Significance of contributed capital; Slice rule; Treatment of fixed trusts.