This session will deal with what is the least understood part of the taxation of trusts – the streaming of capital gains from a trust. It will give fully worked examples of how the concept of "specific entitlement" impacts on the taxation of beneficiaries and how trust distribution minutes need to be drafted so that expensive mistakes are not made. Also, the streaming of franked distributions will be covered.
Recorded on Friday 22 October 2021
Presented by: IFPA
1 CPD Hour