2023

Dystopian discretionary distribution resolutions

Source: Western Australia

Published Date: 22 Mar 2023

 

Since the ATO Ruling, TR 2012/D1, we have lived in the Dystopian world of Area 56 – Income of the Trust Estate and Area 57 – Statement of Distribution. Income is notional, deductions quarantined, tax attributes disembodied and trustees re-educated by Practical Compliance Guidelines and Alerts. This session discusses the distribution dystopia and compliant and rebellious procedures and distribution resolutions including:

  • 30 June and return lodgment compliance practice and procedures
  • Complex, Boolean and tax adjusted resolutions for notional income, corpus and tax benefits streaming
  • Anti-avoidance prevention and detection; and
  • Creating and disavowing present entitlement.

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Details

  • Published By: Ron Jorgensen CTA
  • Published On:22 Mar 2023
  • Took place at:The Westin Perth

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