2011

Proposed Trust Tax Changes Greater Certainty?

Source: Victoria

Published Date: 20 May 2011

 
Legislative changes flowing from the March Treasury discussion paper Improving the Taxation of Trust Income are to be enacted before 30 June 2011. Those changes are directed at the "streaming"? of capital gains and franked distributions and also to providing certainty for trusts involved in primary production. They represent the first stage in a two-stage "post-Bamford"? process.

This event put the proposed changes into context and provided a practical analysis on how they will operate, highlighting the more important issues for practitioners emerging from the exposure draft legislation and particularly require attention before 30 June 2011. The concentration was on the CGT and franked distribution provisions.

Proposed trust tax changes - Greater certainty? What to expect before 30 June 2011

Author(s): Tony Riordan

Details

  • Published On:20 May 2011
  • Took place at:Mercure Hotel, Geelong

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research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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2011

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