81553
Recorded Webinars
Recorded Webinar: Tax Consequences of an Invalid Appointor or Trustee
The WA Supreme Court’s decision in Mercanti has placed doubt over an uncritical reliance on the amendment power in a discretionary trust deed. This session examines the significant tax consequences for an invalidly appointed appointor in a post-Mercanti landscape. It covers:
PRESENTED BY
Michael Hinchcliffe
Associate, McInnes
Date/Time
About the Webinar
The WA Supreme Court’s decision in Mercanti has placed doubt over an uncritical reliance on the amendment power in a discretionary trust deed. This session examines the significant tax consequences for an invalidly appointed appointor in a post-Mercanti landscape. It covers:
- The impact of Mercanti v Mercanti
- What are the tax consequences for an invalidly appointed appointor?
- If distributions are invalid who is assessable on income of the trust?
- Impact of s99A ITAA 1936 – a tax liability nightmare
- Checking the amendments clause and interpretation of amendment powers in deed
- How far should you rely on the general amendment power in discretionary trusts?
Presented By
Michael Hinchcliffe
Associate, McInnesWho Should Attend?
This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]