Miscellaneous 2001

When can a beneficiary bring an action on behalf of a trust?

Source: Taxation In Australia Journal Article

Published Date: 1 Dec 2001

 
Pearson v Commissioner of Taxation [2001] FCA 1427 (11 October 2001). The background to this case was an assessment issued to the trustee of the Jancy Trust (the trust) increasing the assessable income of the trust for the 1991 tax year by an amount of $2.56 million.

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