Down the s99B rabbit hole
Published Date: 6 Jun 2024
Much like Lewis Carroll’s whimsical tale Alice in Wonderland, s99B is fraught with intricate rules, curious exceptions, unexpected twists and turns, and puzzling interactions with other provisions. Through a series of case studies, this session considers:
- When s99B applies, including:
- Which non-resident entities (including foreign superannuation funds) s99B applies to; and
- When Australian entities need to give careful attention to s99B
- The reductions to s99B(1) and the interaction between s99B, the CGT provisions and Division 855
- When an asset is applied for the benefit of a beneficiary for the purposes of s99C; and
- The ATO’s guidance on s99B.
Individual Session
Details
- Published By: Kaitilin Lowdon ATI, Neil Brydges CTA
- Published On:6 Jun 2024
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