2005

Tax and Trusts: The Essential Basics

Source: National

Published Date: 24 May 2005

 
This seminar series was held at:
- UQ Business School Downtown, Brisbane on 1 March 2005
- Hawthorn Receptions, Hawthorn on 22 March 2005
- Launceston Function Centre on 12 April 2005
- Corus Hotel, Hobart on 14 April 2005
- Enterprise House, Unley on 12 May 2005
- City West Function Centre, West Perth on 13 May 2005
- The Menzies Hotel, Sydney on 24 May 2005.

The number of trusts used in Australia continues to grow at a tremendous pace. This is mainly because of the essential flexibility of trusts, tax advantages and the potential benefit of asset protection.

The tax and asset protection advantages can only be obtained if practitioners have a fundamental understanding of the way in which trust law operates. To ensure you obtain the available tax benefits, for example, small business CGT concessions and splitting income, you require a good knowledge of taxation laws as they relate to trusts. Moreover, the avoidance of unwanted tax burdens involves the exercise of skill and expertise on the taxation of trusts. The starting point to develop these skills is the proper understanding of the nature of trusts and having an overall 'big picture' of the taxation issues.

These materials provide an introduction to basic trust law concepts and a basic understanding of tax law concepts.

Details

  • Published On:24 May 2005
  • Took place at:Nationwide

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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