Published on 18 Mar 2004
| Took place at City West Function Centre, West Perth
s109UB was a half page Bill when introduced effective 27 March 1998.
Its replacement and consequential amendments released on 19 February contains 10 pages of provisions and measures that will impact a wide range of transactions involving trusts. These seminar materials review in detail the legislative
provisions announced and focus on its practical
implications using a number of case study examples.
Key issues considered include:
- the range of transactions involving trusts that
under the new provisions can get caught within
- exempt transactions permitted
- operative date of the legislation
- anti-avoidance provisions within the bill
- what qualifies as a loan repayment.
Get a 20% discount when you buy all the items from this event.
This seminar paper focusses on the practical implications of the new legislation using a number of case study examples.
This was also presented by Nigel Kingston at the Trusts Distributions: The new 's109UB' seminar held in Perth on 18 March 2004, and by Mark Northeast at the Taxation of Trusts - The New 109UB seminar held in Hobart and Launceston on 16 April 2004.
The paper includes some minor updates made by the author for presentation at the 'Division 7a downfalls' seminar held in Melbourne on 2 March 2005.