Published on 06 Jun 02
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This powerpoint presentation discusses distributions of income and capital from trusts, including: how to get them right, revaluations and distributions, issues with the wording of resolutions, amending resolutions, key issues with trust deeds, distributions between trusts to companies and Division 7A, streaming to beneficiaries, unpaid trust distributions, imputation and the 45 Day rule, ultimate beneficiary statements, trust income versus net income.
Trevor Pascall FTIA is a Partner at KPMG Brisbane with over 30 years of taxation experience. He is involved in providing taxation advice and tax compliance services to a broad range of clients, including a number in the property industry.
Current at 10 November 2008 Current at 15 January 2009
Click here to expand/collapse more articles by Trevor PASCALL.