Your shopping cart is empty
Effective trust distributions: get them right paper
Published on 27 May 08 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
Recent case decisions have highlighted pitfalls in trustee distribution resolutions. They have also introduced uncertainty into the meaning of the term "income" in the context of trust distributions. Further, the ATO's published guidelines on trust distributions require careful consideration when making trustee resolutions. This paper examines:
- the review of trust deeds: what should be checked to ensure that trust distribution resolutions are correct?
- present entitlement: why is this vital when preparing trust distribution resolutions?
- meaning of the term "income": how do current views of the meaning of "income" affect trustee resolutions?
- practical distribution resolutions: for practical purposes, how should distribution resolutions be drafted?
Author profile
Neil Wickenden CTA
Neil is Senior Tax Partner with the New South Wales partnership of HLB Mann Judd, an Australasian group of chartered accounting firms. Neil’s practice involves advising on all aspects of income tax, fringe benefits tax, and goods and services tax law to a range of clients. He also provides specialist tax support to a number of smaller accounting practices. He is a member of The Tax Institute among other professional bodies and is a former New South Wales State Chairman of The Tax Institute. - Current at 16 October 2014
This was presented at Annual Tax Forum .
Get a 20% discount when you buy all the items from this event.
Individual sessions
Division 7A update - 30 June 2008 is “drop dead date”
Author(s): Gil LEVYMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Exploring superannuation
Author(s): Mark WILKINSONMaterials from this session:
-
insert_chart
Effective trust distributions: get them right
Author(s): Neil WICKENDENMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Your trust is misplaced
Author(s): Andrew NoolanMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
GST hot topics & recent developments
Author(s): Andre SPNOVICMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Company losses – recoverable or lost?
Author(s): Peter FOGALEMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
When the taxman comes
Author(s): Weston RYANMaterials from this session:
-
insert_chart
Demystifying taxation treatment of franchising
Author(s): Ben WILSONMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Mobile executives: outbound tax considerations
Author(s): John MEEHANMaterials from this session:
-
insert_chart
Buy – sell transactions: What are the issues?
Author(s): Spyros KOTSOPOULOS, Les SZEKELYMaterials from this session:
-
insert_chart
- insert_drive_file
- insert_drive_file
- shopping_cart Add all items to cart - $132.00
Consolidation - a report card
Author(s): Jenny CLARKEMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
The new Federal Government and business taxation
Author(s): Tony STOLAREKMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Tax risk management – a view from the boardroom
Author(s): Richard WARBURTONMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Preparing for and conducting tax litigation
Author(s): Malcolm STEPHENSMaterials from this session:
-
insert_chart
Tax losses- Where are we now?
Author(s): Paul WELCHMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Recent developments in R&D: Are you maximising your opportunities?
Author(s): Karen STEINMaterials from this session:
-
insert_chart
Snapshot of recent Australian international tax developments
Author(s): Alison YOUNGMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
TOFA for real property
Author(s): Joshua CARDWELLMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
TOFA – Hedging in practice
Author(s): Matt HAYESMaterials from this session:
-
insert_chart
Waiver of legal professional privilege - ATO’s access and information gathering powers
Author(s): Chris C BRANSONMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Climate change – Indirect taxation issues
Author(s): Amrit MACINTYREMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Part IVA - Where are we at?
Author(s): Allan W BLAIKIEMaterials from this session:
-
insert_drive_file
M&A developments
Author(s): Michael FRAZERMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Capital management developments
Author(s): Simon JENNERMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
GST developments
Author(s): Paul STACEYMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Promoter penalty laws, two years on
Author(s): John KINGMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Early stage venture capital limited partnerships
Author(s): Gareth KIRKBYMaterials from this session:
-
insert_chart
The business of backyard developers
Author(s): Yvette PIETSCHMaterials from this session:
-
insert_chart
Dealing with tax audits
Author(s): Ken SCHURGOTTMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Further details about this event:
Copyright Statement