Given reductions to the corporate tax rates and with heightened ATO compliance activity regarding section 100A, many advisors will see an increased attractiveness in having their clients operate out of a company rather than a trust. This session intended to be a technical review of the relevant concessions available in the income tax legislation which allows assets held in trust to be transferred into a corporate structure. This session examined what is required to obtain concessional CGT treatment and an analysis of the consequential issues arising under the Duties Act 2008 (WA). We also considered the commercial aspects arising from a change in business structure.
2023
Trusts
Structuring out of a trust to a company
Source: Western Australia
Published Date: 22 Mar 2023
Individual Session
Author(s):
Alan Krawitz CTA
,
Andrew Giorgi FTI
,
Ross Heard
Materials from this
session:
Details
- Published By: Ross Heard, Alan Krawitz CTA, Andrew Giorgi FTI
- Published On:22 Mar 2023
- Took place at:The Westin Perth
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Tags
2023
Trusts
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