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Trust distributions: the Commissioner speaks…

Published on 01 Nov 09 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

PS LA 2009/7 is the latest development in the ongoing saga of the proper treatment of trust net income. This article traverses some of the significant issues raised by the Practice Statement and their implications for the preparation of trust distribution minutes. Clearly, advisers need to exercise a high degree of diligence in this area.

Author profiles:

Andrea MELILLO
Current at 10 November 2009 Click here to expand/collapse more articles by Andrea MELILLO.
 
Author Photo - Peter SLEGERS
Peter SLEGERS
Current at 03 November 2016 Click here to expand/collapse more articles by Peter SLEGERS.

 

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