Discretionary trust distributions : the essential practitioners’ manual post-Bamford

Author(s): Gaal, John

Publisher: The Tax Institute, Year: 2013

Description:
"The way income tax and CGT impact on distributions by discretionary trusts is becoming increasingly complex. The High Court's decision in the Bamford case resolved some issues, and legislative amendments that became law in 2011 dealth with the streaming of capital gains and franked distributions. A number of issues are the subject of ATO rulings. Also, a consultation process is in progress with a view to addressing  Read more...