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  Miscellaneous 2004

Distributions from trusts

Source: QLD

Published Date: 28 Oct 2004

 
This presentation covers the following:
- what is trust income and what is trust capital?
- can capital become income by definition?
- making capital distributions under the trust deed
- satisfying entitlements to income by distributing by specie
- CGT consequences for the trustee and beneficiary
- accessing CGT rollover exemptions
- GST implications of in specie distributions
- implications of recent cases
- accounting for trust income which is defined as 'tax law net income'.

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Details

  • Published By: Brian J Richards CTA
  • Published On:28 Oct 2004
  • Event Name:A Matter of Trusts
  • Session Name:Distributions from trusts
  • Read Time:3+ minutes
  • Took place at:Christie Corporate Conference Centre, Brisbane

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