Single Product

2019 June Case Study All Things Trusts

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Presented by Sean Pearce, this 90 minute tax training session took place in June 2019.

The end of each financial year requires Accountants to consider their client’s Trusts and advise clients on distributions to be made to beneficiaries at year end.  Accountants therefore need to be aware of a number of matters that are particular to Trusts to ensure that distributions made are as effective as possible.  Things such as:

  • Determining Trust Income for Distribution, Streaming certain types of income, including the recent Thomas Case, and preparing effective Trustee Resolutions;
  • Understanding the risks of Section 100A – Reimbursement Agreements applying to distributions;
  • The income tax implications of the vesting of a trust and the recent ATO Taxation Ruling TR 2018/6
  • The ATO’s view on trust splitting in the draft Taxation Determination TD 2018/D3; and
  • The implications of having and not having made a Family Trust Election.

**This session will qualify for 1.5 hours Structured CPD/CPE for CPA, CAANZ, IPA and Tax Institute members**

This download contains the following files:

The PowerPoint presentation (Microsoft Office 2010)

The Notes for the case study (PDF)

The solutions for the case study (PDF)

**** Please note that once purchased, a link to the webinar will be sent to you in a separate email. *****