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Recorded Webinars
Recorded Webinar: Present Entitlement to Trust Income – Aligning Trust and Tax Law
Recent case law developments have highlighted the importance of aligning trust and taxation law income and shed fresh light on the meaning of ‘present entitlement to trust income’. It includes: The concept of present entitlement – s 97 ITAA Whe
PRESENTED BY
Damian O'Connor
Tax + Law
Date/Time
About the Webinar
Recent case law developments have highlighted the importance of aligning trust and taxation law income and shed fresh light on the meaning of ‘present entitlement to trust income’. It includes:
- The concept of present entitlement – s 97 ITAA
- When are distributions authorized by the trust deed?
- Contingent distributions - distributable income changes and alternate beneficiaries
- Contingent distributions – when are parties presently entitled and liable for tax?
- What constitutes a valid disclaimer of income for tax purposes?
- Trustee liability for tax when beneficiary found not presently entitled
- Importance of trust documents aligning with terms of trust and trust laws
- Case report – Lewski v Commissioner of Taxation [2017] FCAFC 145
- Thomas v Commissioner of Taxation [2018] HCA 31 – the High Court Decision
Presented By
Damian O'Connor
Tax + LawWho 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]