Over the last few years, there have been a myriad of changes to the state taxes landscape when it comes to the use of trusts. This session aims to provide a practical refresher of the factors advisors need to consider when establishing and using trusts for the purpose of holding property, including:
- Changes in beneficial ownership
- Duty on the acknowledgment of trusts
- Transfer duty and land tax surcharges; and
- Implications for the use of trusts and access to various duty and land tax concessions.