Published on 08 Dec 2003
| Took place at Novotel Adelaide on Hindley
Practitioners have been waiting since December 2002 to hear what is in store in relation to
trusts and s109UB. Instead of just sitting back and waiting for the new legislation, why not
make sure that you correctly understand the various complex income tax rules for trusts,
trustees and beneficiaries. The best way to do this is to apply it in case studies.
Trusts and Income Tax Issues
Author(s): Rob JEREMIAH Using a case study format, this presentation reviews some of the problems encountered by practitioners in giving advice on trusts, including:
- accessing losses
- family trust elections and trust losses and imputation credits
- risk of loss of imputation credits
- Division 7A and trusts
- distributions and streaming of income - proportionate view and capital gains.
This presentation was also given at the Trusts - RU ready for UB? seminar held in Adelaide on 8 December 2003.