Skip to main content
shopping_cart

Your shopping cart is empty

Trusts - Declarations, powers, resettlements, CGT and mismatches of income

Published on 20 Nov 2013 | Took place at RACV Club, Melbourne , VIC

The issues raised in the recent decision in Oswal v FC of T and by TA 2013/1 sent a very strong message (if one was needed) to tax professionals who advise on trusts. Not only is it essential to understand the application of the tax law to trustees, trusts and beneficiaries but also the nature of the rights, duties and powers of the trustees and beneficiaries and their relationship with each other under the trust instrument(s).

This seminar covered:

  • declarations of trust, transfers of property, powers of appointment and resettlements the CGT E events and the duty implications
  • trust deeds and mismatches between trust and taxable income and TA 2013/1.

Individual sessions

Trusts - Declarations, powers, resettlements, CGT and mismatches of income

Author(s):  Michael FLYNN

This presentation covers:

  • facts and issues of Oswal vs FCT
  • "declaration of trust" under CGT event E1
  • "settlement" under CGT event E1
  • CGT event E5 and absolute entitlement
  • tax payer Alert TA 2013/1.
Materials from this session: