NTAA EXPRESS SEMINAR

Landmark decision offers lifeline for bucket companies and Division 7A

Bendel’s case represents a significant decision because it reverses the ATO’s longstanding approach on how Division 7A applies to unpaid trust distributions to bucket companies.  

It’s the most significant decision on Division 7A in over a decade! 

In our NTAA EXPRESS Seminar, we provide practical guidance on how Bendel’s case will directly affect the tax treatment of unpaid trust distributions to bucket companies.  

Topics covered:

• ATO’s view on when distributions to a bucket company are a loan for Div. 7A
• What should tax practitioners be doing with existing unpaid trust distributions?
• Dangers with tax practitioners who ‘reclassify’ existing unpaid trust distributions
• What is the treatment of trust distributions to bucket companies for the current year?
• How should trust distributions to bucket companies be recognised in the accounts?
• Advising clients about their options after Bendel’s case

Bonus – all delegates receive:

• A recorded copy of the presentation
• 1 hour of CPD
• Insights on the key guidelines
• Clear and concise analysis
• Presentation slides