Contemporary cross-border issues with trusts and estates - part 3: CGT - Division 855 and trusts
Source: The Tax Specialist Journal Article
Published Date: 1 Aug 2022
This is the third and final article in a series of three on the major tax issues affecting foreign trusts.1 This article looks at accessing Australian CGT concessions, including the CGT 50% general discount, and understanding the scope of Div 855 of the Income Tax Assessment Act 1997 (Cth) where there are foreign assets or foreign beneficiaries post-Greensill & Martin,2 and TD 2019/D6 and D7.3
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Details
- Published By: Jim O’Donnell CTA
- Published On:1 Aug 2022
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