Published on 01 Dec 06
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
The tax laws currently assess beneficiaries of a trust who are presently entitled to the net income of the trust, to the net capital gains derived by the trust regardless of whether the beneficiaries are entitled to the net capital gains. This article examines the Federal Government’s recent announcement, which may help to address this anomaly in the context of testamentary trusts.
Current at 23 June 2015
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Current at 09 June 2009
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