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

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

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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.

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Adam DAVIS
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Andrew O'Bryan CTA
Andrew is a Partner at Hall & Wilcox Lawyers and provides advice on the application of a wide range of taxation. He has substantial knowledge of taxation and commercial practice and advises his clients on income tax, capital gains tax, tax audits and reviews, fringe benefits tax, business structuring and transactions, liquidations and reconstructions, superannuation, retirement planning, business succession, estate planning, and philanthropy. Andrew advises accounting and legal firms on their clients’ affairs. He also draws clients from industry, commerce and high-net-worth private family groups. One of his main interests is advising private business owners on the transition of management and control of family businesses to the next generation. Andrew has been recognised in the The Best Lawyers in Australia in Tax Law every year since 2014 and is a leading tax lawyer in Victoria in Doyle's Guide to the Australian Legal Profession. - Current at 12 November 2019
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