Published on 17 Jun 03
by VICTORIAN DIVISION, THE TAX INSTITUTE
The widespread use of service trusts as a means of income splitting and asset protection are likely to be under close examination by the ATO, judging by a recent speech delivered by the Commissioner. This seminar paper reviews service trust arrangements, as well as those of clients, to ensure they are properly documented as well as being commercially relevant and up-to-date.
Current at 19 November 2004