This presentation covers:
- trust taxation reforms
- collecting taxes in respect of taxable income of trusts:
- why tax certainty is important
- when is a trustee liable to pay taxes?
- Division 6
- Division 6C
- Division 6 issues which undermine collection:
- who pays - beneficiary or trustee and which trustee?
- Division 6C issues - collection and administration policy rationale?:
- eligible investment business definition
- what is control of a trading business?
- what are similar financial instruments.