Which is the most tax efficient entity - a Trust or a Company?
This debate involved each team and team member advocating why their entity is the more tax efficient, followed by the necessary rebuttal.
Key issues debated included:
- tax rates
- tax concessions
- entry and exit strategies
- flexibility
- tax reform impacts
- compliance costs and obligations.
Advocates highlighted the key factors to be considered when choosing to trade through either a trust or a company, highlighting those that make each entity more efficient than the other.