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Hi all, thanks for your info. So as a Trust, what are the best way to utilized the Trust? From my understanding, we can claim 100% of our spending in the name of Trust. However if the Trust is not making money, we have to top up using our own cash and anything negative can be rolled over till...

Discretionary

it's a Trust Deed where we set up trust account for IP purpose.

Thanks Terry for prompt reply. Yes I mean lend money to Trust. How do you define commercial rates? Do i charge interest to Trust with bank rates? Sorry am not sure if how things work in TRUST. Basically just want to understand which is beneficial to us ..

Hi all, newbie here. I would like your advise on this: Me and friends set up Trust account to purchase IP. We have equities in our own accounts. For taxation purpose, would it be tax deductible if we were to transfer our equity $ to the TRUST Account for the deposit of our IP? Thanks.