Source: Taxation In Australia Journal Article
Published Date: 1 Nov 2022
Understanding holistic tax and estate planning is critical for all tax advisers. In 2023, the extraordinary monetary value involved in the intergenerational wealth transfer of Australia's "baby boomer" population will continue to escalate. Arguably, tax-driven estate planning changes have largely avoided significant government and court intervention. However, since around 2018, this previous position appears to have permanently shifted with a range of measures targeted at ensuring baby boomers - and their chosen beneficiaries - pay their "fair share" of tax. Subsequent years have seen significant evolution in a number of areas, including superannuation, the treatment of tax equalisation provisions, trust loan accounts, trust vesting, testamentary trusts, and excepted trust income. Near the start of a new calendar year, it is timely to explore a number of the most critical developments in the tax and estate planning arena over the last 12 months.
Tax and estate planning in 2022: the year ahead - Journal 01 Feb 2022
Tax and estate planning in 2021: Where are we at? - Journal 01 Feb 2021
Tax and estate planning in 2020: What has changed? - Journal 01 Feb 2020
2018: The biggest year in estate planning in a generation - Journal 01 Dec 2018
International tax and estate planning - Journal 01 Jul 2018
Subdivision 328-G: The limitations become apparent - Journal 01 Dec 2017
Succession Planning for Family Trusts - Paper 09 Nov 2017
Succession planning for family trusts - Presentation 09 Nov 2017
Unravelling trusts: splitting, cloning and umbrella trusts - Journal 01 Jul 2017
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