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Winding up trusts seminar paper

Published on 03 Nov 04 by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE

Issues covered in this paper include:
- ending a discretionary trust
- the mechanics of ending a discretionary trust
- how to decide which beneficiary gets what final distributions?
- accessing the small business tax concessions
- in specie distribution of assets vs cash
- forgiveness of debts
- getting the franking credits out to someone who can use them
- using the trust losses
- family trusts or interposed trusts
- accidental ending (eg. unintended resettlements)
- anti-avoidance issues: Part IVA/income injection test
- GST
- SA stamp duty
- what's different for fixed trusts (including unit trusts), hybrid trusts, bare trusts and testamentary trusts which include life interests?

Author profile:

Author Photo - Arlene MACDONALD
Arlene MACDONALD

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This was presented at Winding up Entitities - Getting the Money Out .

Get a 20% discount when you buy all the items from this event.

Individual sessions

Winding up companies

Author(s):  Andrew SINCLAIR

Materials from this session:

Winding up trusts

Author(s):  Arlene MACDONALD

Materials from this session:

Winding up partnerships

Author(s):  Christopher KNOTT

Materials from this session:

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