Published on 01 Jul 99
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
The pattern of distribution test was introduced as one of three control and ownership tests in the trust loss provisions, and has to be satisfied. This has become a requirement under a number of tax reforms. It is relevant to trust loss rules, small business CGT concessions, and company loss rules. Some answers are provided in this article.
Andrew O’Bryan FTIA is the Head of Taxation, Superannuation, and Family Business and Wealth
Management Practice Groups at Hall and Wilcox. Andrew provides advice on the application of a wide
range of taxation matters including income tax, FBT, CGT, tax audits, structuring and restructuring of
business and transactions, superannuation, state equivalent tax regimes, retirement planning, business
succession, estate planning, liquidations and reconstructions, and corporatisation and privatisation.
Current at 11 March 2009
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