Published on 01 May 99
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
This paper examines the ability of a trust to maintain the identity and character of income that has flowed through it to a beneficiary, the so called "conduit theory". A number of cases have cast unresolved doubts on the universal assumption that a trust acts as a conduit to maintain the identity of income that flows through it.
- Current at
19 November 2004