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Re: Re: Re: Re: Trusts and Distriubuting Captial Gains - Tax Free? HI Off the top of my head, No. Sorry. Dale

Re: Re: Re: Re: Trusts and Distriubuting Captial Gains - Tax Free? Hi Michael Wow, you do ask some technical questions . .. and at this hour of the morning, my brain is still in shock mode fromhaving to get up! Oh well, the things we do huh? The trustee arranges for the assets of the...

Re: Re: Trusts and Distriubuting Captial Gains - Tax Free? Hi No, not really. In your example, the trust would need to distribute the $100k income to the beneficiaries and they will need to pay tax on that income. However, the 2nd $100 K unrealised capital gain can be distributed to...

Hi Basically, yes, you have this right. The annual compliance costs will vary depending upon the quality of your records, the complexity of issues facing you and your accountant, and, how much your accountant charges on an hourly basis. There is no indication at all that the tax...

Hi I cannot see any reason why not . . . Dale

Hi Simon! I see a mixture of people doing both. Often, it is after a few years when the growth has accumulated that the benefits of doing these things can be considered and especially as part of the retirement planning where you can effectively live tax free for the rest of your life . . ...

Hi Simon It does indeed. Moreover, because the trust owes you money, it can go to the bank and replace the loan from you with a loan from a bank. This means that the trust can claim interest as a tax deduction on this refinancing even the funds are given to you for you to use for whatever...