Capital Gains Tax (CGT) Trusts 2012

The small business CGT concessions: How they interact with trusts

Source: New South Wales

Published Date: 17 May 2012

 

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This paper covers:

  • analysis of the maximum net asset value test
  • the ‘connected with’ test - It’s all about control
  • control of an entity other than a discretionary trust - Particular trust issues
  • control of a discretionary trust - The “trustee reasonable to expect to act” control rule
  • control of a discretionary trust - Pattern of distributions rule
  • Commissioners exercise of discretion - 328-125(6)
  • the significance of the significant individual test
  • timing Issues with distributions from trusts and satisfying the significant individual test
  • the trust streaming measures
  • structuring issues and ordering of the concessions.

Individual Session

The small business CGT concessions: How they interact with trusts

Author(s): Vanessa Priest FTI

Details

  • Published By: Vanessa Priest FTI
  • Published On:17 May 2012
  • Took place at:Hilton Sydney, Sydney

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