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Tax issues affecting trusts. The seven deadly sins: Part I

Published on 01 Nov 05 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Practising accountants continue to grapple with the various tax issues affecting trusts. Part 1 of this three part series highlights some of the more common traps that, in the author's experience, can be avoided with proper planning.

Author profile:

Dr Mark Pizzacalla CTA
Mark is Partner-in-Charge of the Private Clients practice at BDO Melbourne as well as being integrally involved in the firm's Tax and Advisory practice. Mark's focus is on both strategic tax advisory and tax compliance as they relate to the private client sector. Mark is a regular speaker on taxation issues, and a prolific writer having contributed significant tax commentary through his numerous articles, publications and conference papers. Mark has been regularly interviewed on Lateline Business in relation to current taxation issues, and is one of the few tax practitioners that has had his work cited in Australia's Parliament. Mark is a current member of The Tax Institutes Technical Committee, and former Chair of The Tax Institutes National SME Sub-Committee. Mark has been appointed by the Federal Government to the Board of Taxation - a non-statutory Board charged with contributing a business and broader community perspective in improving the design of taxation laws and their operation. Current at 06 September 2016 Click here to expand/collapse more articles by Mark PIZZACALLA.
 
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