Description
There exists a suspicion in the ranks of some in the ATO and the Treasury that anyone using trusts must be avoiding tax. Accordingly, the tax law contains a number of anti-avoidance provisions that are specifically directed at the use of trusts. These include reimbursement agreements, specific tax avoidance agreements involving trusts, provisions that deal with distributions from closely held trusts and provisions that deal with distributions to exempt entities.
Recorded on Friday 03 December 2021
Presented by: IFPA
1 CPD Hour