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Tax Q&A: Ultimate beneficiary statements: lifting the lid on secret distributions

Published on 01 Oct 99 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Under the new disclosure requirements for 1999 trust returns, trustees must reveal details of ultimate beneficiaries as explained in the question and answer format of this article.

Author profiles:

Andrew O'BRYAN
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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Adam DAVIS

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