Notes Online
Welcome to Notes Online.
We offer chapters and articles for individual purchase and we hope you benefit from using our Notes Online.
Disclaimer
These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
Price
$149.60
Document Type
Chapter
Pages
68
Notes Online Home 2022 Trusts Other Advanced trust taxation issues
The purpose of this chapter is to take a closer look into the other advanced trust taxation issues. These issues will be addressed under the following headings:
- Latest ATO guidance on Division 7A and unpaid present entitlements
- How the ATO is using S.100A of the ITAA 1936 to attack discretionary trusts
- Applying the CGT small business concessions to a sale of units in a trust
- Rules tightened for minors receiving distributions from testamentary trusts
- Anti-avoidance rules stamp out ‘circular’ trust distributions