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Recorded Webinars
Recorded Webinar: Trust Distributions Revisited: Recharacterisation of Trust Income and Other Issues
Despite the High Court clarifying its position in FCT v Bamford and the Government introducing legislation to specifically allow the streaming of franked dividends and capital gains to particular beneficiaries, there is still widespread confusion amongst trustees, practitioners a
PRESENTED BY
Damian O’Connor
Principal, tax
Date/Time
About the Webinar
Despite the High Court clarifying its position in FCT v Bamford and the Government introducing legislation to specifically allow the streaming of franked dividends and capital gains to particular beneficiaries, there is still widespread confusion amongst trustees, practitioners and clients as to what can or cannot be done when making distributions to beneficiaries. This session seeks to dispel the confusion and focuses on the following areas:
- Trust Income v Taxable Income
- Present entitlement v Specific entitlement
- Trustees duties and obligations
- Practical tips for drafting distribution minutes
- The importance of the trust deed
- The limits of a trustee’s discretion - Trani v Trani, Re Marsella
- Limits on recharacterisation of trust income – TA2016/12
- Strategies to stream income other than franked dividends and capital gains
Presented By
Damian O’Connor
Principal, taxWho Should Attend?
This webinar is suitable for accountants 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]