Published on 21 Mar 00
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This paper focuses on the changes that have been recommended by the Ralph committee and which the government seems committed to introduce from 1 July 2001 will result in trusts being taxed in the same matter as companies. Other entities will be taxed in a similar manner, with this paper we will deal with trusts in particular and represent an overview of how we expect these provisions to apply.
Ross has qualifications both as a Solicitor and a Chartered Accountant and has practised in both professions advising on taxation and commercial matters. He heads up the Taxation and Superannuation practice of Gadens Lawyers in Sydney. This practice covers all aspects of revenue law both in Australia and overseas.
Current at 9 December 2003