Become a Member
Membership
Education
Events
Resources
Tax Knowledge Exchange
About us
Contact us
  Trusts 2013

Trusts...What can you do and what you need to do before 30 June?

Source: New South Wales

Published Date: 27 Jun 2013

 

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Subscribe Now

Already a Subscriber? Login now

This paper considers the practical implications of the Division 6 rewrite so far as it has emerged for accountants and tax agents in advising their trustee clients for the 2013 and 2014 income years. This paper covers what you need to do and know prior to 30 June regarding trust distributions, including:

  • practical implications of completing labels 64A and 65W on the trust tax returns, including putting together examples based on variations of trustee resolutions, trust income, net income and the Commissioner’s views as expressed in TR 2012/D1 – how to approach this
  • discussing what the ATO is after regarding disclosure items what is the risk
  • consideration of the trust resolution wording when streaming dividends or capital.
Author(s)

Individual Session

Trusts...What can you do and what you need to do before June 30?

Author(s): Gordon S Cooper
Materials from this session:

Download

Details

  • Published By: Gordon S Cooper
  • Published On:27 Jun 2013
  • Took place at:Hilton, Sydney

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced 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.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

Trusts 2013

Share this page