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Tax analysis: A New Tax System (Closely Held Trusts) : an overview, but the devil is in the detail.

Published on 01 Feb 00 by "THE TAX SPECIALIST" JOURNAL ARTICLE

Dangerous new rules regarding disclosures of beneficiaries to a trust distribution apply, and honest mistakes will not be forgiven.

Author profile:

Joe LOMBARDO
Joe is a KPMG Tax Partner who has extensive experience advising on debt forgiveness and similar transactions. Joe is a member of the NSW State Council and Education Committee for the Taxation Institute.
Current at 10 September 2004
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