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Attention all Trustees. The Government has released Tax Laws Amendment (2011 Measures No.5) Bill 2011 on 6 June 2011. The amendments allow you to stream capital gains and franked dividends if the trust deed allows and the resolutions are prepared correctly. For the year ended 30 June 2011...

Important - Read the attached History of Hybrid Discretionary Trusts. After many years of uncertainty regarding the ATO has finally released a Private Binding Ruling that provides for a full deduction for the interest expense incurred by unitholders. Some preliminary Q & A's: Q. Are...