Division 7A Trusts 2013

Division 7A and complex structures

Source: QLD

Published Date: 19 Jul 2013

 

Many SMEs have structures with interposed entities. Complying with TR 2010/3 and PSLA2010/4 continues to cause headaches and the spectre of Division 7A can lead to major problems including:

  • complying with PSLA 2010/4 - can it lead to problems in the trust relationship?
  • dealing with UPEs in different structures involving interposed entities
  • restructuring issues - time to reconsider?
  • revisiting s109RB and asking for the Commissioner’s discretion for non-compliancewith PSLA 2010/4.

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Division 7A and complex structures

Author(s): Arthur Athanasiou CTA-Life
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