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Tax tips: Trust problems

Published on 01 Jun 12 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

A recent NSW Supreme Court decision illustrates the problems which a default income clause in a discretionary trust deed can give rise to. The Commissioner has recently indicated his views on the consequences of an amendment to a trust deed.

Author profile:

John Gaal
TaxCounsel is a niche tax publisher which provides comprehensive and practical guidance to practitioners on important matters affecting their clients. The company was formed by John Gaal, who for over 30 years, has written extensively on a wide range of taxation matters for a number of publishers including the Taxation Institute of Australia. Current at 01 October 2016 Click here to expand/collapse more articles by TAXCOUNSEL.
 
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