Published on 19 Aug 10
by NATIONAL DIVISION, THE TAX INSTITUTE
This paper covers:
what is the rationale for the rule?
current Australian rap position and relevance for trusts in 2010
long-term risks for 80 year trusts: CGT events E5
South Australian position: rule against perpetuities has been abolished
domiciling a trust in South Australia
changing the domicile of existing trust.
Michael Butler CTA
Michael is the Partner in charge of the Finlaysons Tax & Revenue Group. Michael advises domestic and foreign clients on federal, international and state tax matters, and has a special interest in mining and property taxation, corporate restructurings, international tax issues, and estate and succession planning. Michael is the Visiting Lecturer in Tax at the University of Adelaide Law School, and is a regular contributor to The Tax Institute events. Current at 19 March 2015
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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