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Fixing your trust: imputation and trust losses (problems with drafting) presentation

Published on 12 May 05 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

Matters covered in this presentation include:

  • tax advantages/benefits of being classified as a fixed trust
  • what is a fixed trust?
  • what is a vested and indefeasible interest?
  • when is an interest deemed to be defeasible/indefeasible?
  • analysis of typical trust deed clauses
  • what trust deed clauses does the ATO find offensive?
  • Commissioner's discretion to deem vested and indefeasible interest?
  • distinctions between trust loss and imputation measures
  • tax ruling applications.

Author profile:

Bobby Acevski
Bobby joined Thomson Playford earlier this year, previously being employed by the Australian Taxation Office (ATO). He specialises in all aspects of taxation including company tax, imputation, consolidations, capital gains tax, goods and services tax and international tax, trusts, commercial structuring and advice, financial arrangements, taxation audits, tax litigation and accounting standards interpretation. Bobby is a member of the Tax Institute and was previously a member of the Imputation Steering Committee and the National Tax Liaison Group Finance & Investment Subcommittee during his time within the ATO. Current at 11 April 2005
 
Individual sessions

Fixing your trust: Imputation and trust losses

Author(s):  Bobby ACEVSKI

Materials from this session:

Further details about this event:

 

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