Published on 01 Apr 98
by THE TAX INSTITUTE
Reference is made to the media release issued by the Treasurer on 23 February 1998
announcing a review of the taxation of trusts and other entities and calling for
submissions to be forwarded to the Gibson Committee which is receiving submissions
on all aspects of tax reform. In the absence of further details of what the Government
proposes in relation to the taxation of limited partnerships the Institute at this stage is
limiting its comments to the future of the taxation of trusts.