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  1. DavidMc

    ATO Taxpayer Alert on 'Hybrid Trusts'

    Thanks Mry. Do you think it would be possible to amend a deed for it to comply or is the whole thing so fundamentally wrong it's not possible? Say for example if it was amended so that no income or gains be distributed to beneficiaries (other than the taxpayer). Do you think there are some...
  2. DavidMc

    ATO Taxpayer Alert on 'Hybrid Trusts'

    That doesn't sound so bad then... I think? In my trust 100% of the income is distributed to me because I am the own 100% of the units and I claim 100% of the interest on the loan for the units. I didn't think I could choose distribute income to my kids (if I had any). I thought that the...
  3. DavidMc

    ATO Taxpayer Alert on 'Hybrid Trusts'

    I wonder what this means in English? :) Can someone from Gatherum-Goss comment if my HDT is at risk?
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