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Sounds fair enough to me Julia. If 'The Man' says it's OK then who are you or I to argue it isn't? Are there any QC's on the forum who could give us their educated opinion? Cheers, Bazza

Good news for those of us who have a Macquarie Group Services Hybrid Discretionary Trust: The provisions of MGS HDT's do not contain any of the features that the Commissioner has described as offensive in Taxpayer Alerts. MGS have issued a response to the Tax Payer Alerts regarding their...

No I haven't yet unfortunately. I contacted them again late last week but no response. I''ll try again today. Cheers, Bazza

Macquarie Group Services formal comment on HDT Taxpayer Alerts I have a positive response from MGS. Macquarie Group Services expects to make a formal comment on Taxpayer Alerts TA 2008/3 and TA 2008/4 this week. I'll keep you posted on the pending announcement. Cheers, Bazza

I have read my MGS deed many times and still don't understand what it's saying :confused: So, I'll keep reading it until I do. Cheers, Bazza

I bought a MGS HDT in Nov 2002. The Application For Special Income Units template that came with the deed includes the following statement under clause 2 Capital--"The holders of Special Income Units shall not have an entitlement to any part of the capital of the Trust Fund". I think this...