Miscellaneous 1996

Out of the Red: Part IVA: the provisions revisited ; Discretionary trusts: an illusory problem

Source: Taxation In Australia Journal Article

Published Date: 1 Sep 1996

 
Two summaries of articles from the Red Edition of Taxation in Australia. In the first, the author writes that decisions in two recent cases show that the Australian Taxation Office had displayed suspect judgement in the assessment and determination process, putting the taxpayer to unnecessary cost. In the second, the author argues that the s 99A "present entitlement" dilemma is more perceived than real for trustees and contends that their attempts to fix it may lead to dangerously ineffective "solutions" - perhaps even breach of trust.
Author Profile
Richard F Edmonds

Author Profile
Mark L Robertson

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