The use of trusts has increased exponentially due to their flexibility from asset protection, commercial and tax perspectives. Aimed at practitioners who deal with trusts that either receive franked dividends or incur/carry forward tax losses, this event focused on issues associated with differing trust types and family trust elections in light of the "back flip"? from the majority of changes enacted in 2007 in Tax Laws Amendment (2007 Measures No.4) ACT 2007.
Aditionally, an update of recent tax events was given.