2020

2020 Private Business Online Series Part 3: Tackling trust losses

Source: National

Published Date: 8 Jul 2020

 
It has become quite common practice to make family trust and interposed entity elections to deal with carry forward losses and franked distributions without considering the impact on the future of the group. Particularly in these turbulent times, advisers can be caught off guard on issues which can arise when these elections are made without foresight. This session considered how an incorrect decision or nomination of test individual could affect the options of the group in the future and how to deal with them.

Tackling trust losses

Author(s): Daniel Smedley , Neil Brydges

Details

  • Published On:8 Jul 2020
  • Took place at:Online

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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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