Single Product

2022 June Case Study: Trust Distributions: Exploring the Current State of Play

- +

Trust Distributions: Exploring the Current State of Play

The ATO has over many years had a targeted focus on taxation of trusts culminating in some major developments over the past few years. The ATO’s position on the application of section 100A was finally published on 23 February 2022 and has by many been referred to as the “biggest thing since Bamford”. In our next case study session, we will explore the ATO’s position on section 100A and provide guidance on how to mitigate the associated risks.


We also will discuss some recent high-profile cases dealing with trust disclaimers (FCT v Carter) and distributions to foreign beneficiaries (Greensill v FCT) and the practical impact on SME clients.


The topics that will be covered will include:


  • The basics of trust distributions and income streaming.
  • A comprehensive discussion on section 100A and practical issues concerning the ATO’s recent ruling and guidelines.
  • Distributing income to corporate beneficiaries from 1 July 2022 in light of TD 2022/D1.
  • Distributing income to foreign beneficiaries and the impact of the Greensill case.
  • Disclaiming trust distributions and the High Court’s view on this in the Carter case.
Buy our recorded Webinar covering the entire presentation together with the notes & slides

**This session will qualify for 1.5 hours Structured CPD/CPE for CPA, CAANZ, IPA, TPB 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. *****