2024

Trusts and s99B – Is this the new ATO focus area?

Published Date: 22 May 2024

 

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The new ATO focus area, documents on when 99B will start. ATO guidelines. Delving into some of the grey areas, such as:

  • When section 99B generally applies in practice
  • The types of trusts caught by section 99B
  • The application of section 99B to non-resident trusts versus resident trusts (including resident trusts that once were foreign) and
  • The other tricks and traps of 99B, including the availability of a FITO, pre CGT gains, accounting for income and capital and more.

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2024

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