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When can a beneficiary bring an action on behalf of a trust?

Published on 01 Dec 01 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

The background to this case was an assessment issued to the trustee of the Jancy Trust (the trust) increasing the assessable income of the trust for the 1991 tax year by an amount of $2.56 million.

Author profile:

Annamaria Carey
Annamaria is a Senior Tax Writer with ATP. She has 20 years experience in tax, spanning publishing, the ATO, commerce and the tax profession. Annamaria has been involved in formal liaison with the ATO and Treasury on a number of Committees including the Consolidation Joint Design Team. She has recently published a textbook on 'Consolidations - The Adviser's Guide' and has addressed a number of forums on consolidations. Current at 18 May 2004 Click here to expand/collapse more articles by Annamaria CAREY.
 
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