With no separate taxation regime dedicated specifically to deceased estates, executors/administrators and beneficiaries fall under the trust taxation regime in Division 6. In an increasingly globally mobile world, this can lead to some unexpected consequences for all involved, particularly when applying "catch-all"? provisions such as s. 99B. This session considered the range of issues that can arise where there is an international aspect to a deceased estate; and examined how to mitigate risks in administering the estate. Specific consideration was given to a number of significant international issue for deceased estates.
maintenance