UPE: Where Are We At?
Published on 16 Apr 2014
| Took place at KPMG, Brisbane
In the absence of any resolution to the present trust taxation reform measures in relation to inter alia, Division 6 ITAA 1936 and the treatment of UPEs as a “loan” for the purposes of Division 7A, there is now developing a continuing revision of the treatment of UPE’s by the Australian Taxation Office.
This event highlighted the recent taxation developments in relation to UPEs.