Published on 10 Mar 00
by QUEENSLAND DIVISION, THE TAX INSTITUTE
This paper is concerned with the changes to the taxation of trusts announced by the Government following the release of the Ralph Report. It comments in detail on those trusts that will be included in the "entity taxation" arrangements contained in the Ralph proposals. The paper focuses on the changes affecting closely held trusts, and makes brief references to the changes applicable to Collective Investment Vehicles.