Recent content by snizen99

Thanks Paul, thats very goods news, very easy way to save a fortune in Landtax. Again thanks for your input. Regards Stacey

Hi Paul, Does your unit trust have a corporate trustee? And what name:- company, individual or unit trust, does it have on the lands title office? Did you have any problems with the bank and finance (if you had any) with that kind of structure? Thanks in advance for the help. Regards...

Hi Paul, Thanks for responding, that’s very interesting, what state are you in mate? I’m in NSW. I would have thought the NSW OSR would deem the “fixed unit trust” which has a “discretionary trust” as the unit holder , as a “special trust” and you would still have to pay land tax from the...

Hi, I was doing some reading the other day about a article written by Ed Chan and would like some people thoughts about the below scenario, of the chance to avoid paying Land Tax in NSW, relating to property in a family trust. Basically by granting a life interest on the property (with...

Hi, I think the ATO has this one wrong; a family trust with a corporate trustee is a very common business structure for small business in Australia. By forcing the trust to physically transfer the profit to the corporate trustee every year before 30th June and then converting that profit...