Taxation of closely held trusts
Published on 20 Mar 2014
| Took place at Bentleys, Sydney, NSW
The tax rules for trusts have undergone significant change recently, through both legislation and case law developments, and it is important for practitioners with trust clients to be aware of these developments.
This session brought participants up-to-date with the current rules with a special focus on the pitfalls and opportunities under those rules (e.g. requirements for successful streaming of gains, creation of beneficiary entitlements), and will also address potential changes that are proposed and those that are being developed, aiming for “forward awareness” of the issues facing trust clients.