Source: Taxation In Australia Journal Article
Published Date: 1 Oct 2004
A well drawn modern discretionary trust will usually have two classes of beneficiaries: primary and general. It should be relatively easy to determine whether a particular person or entity is or is not a beneficiary of a discretionary trust but experience in examining trust deed indicate that difficulties and errors are common.
A Matter of Trusts: Tax deductibility of interest incurred to acquire trust interests - Journal 01 Nov 2007
A matter of trusts: Tax deductibility of interest incurred to acquire trust interests - Journal 01 Oct 2007
A Matter of Trusts: Trust to trust distributions and the rule against perpetuities - Journal 01 Mar 2005
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.