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Hi there, Here's NickM's reply to ATO reviews of the MGS deeds. Doesn't seem like he has had many problems with it. http://www.invested.com.au/4/hdt-deeds-maquarie-group-services-13469/ GSJ

There were several really long threads on HDT's, but here is a summary of my thoughts on the debate that I posted last year, it's pretty long in itself, and I can't really be bothered reading it again to see if it still makes any sense (ADD: you may be more confused after reading it!) - but here...

Thanks for that balanced and thoughtful post. Good to hear another POV on here. GSJ

Doesn't work well if you're both high income earners and high litigation risk, or if your employer won't agree to it, or you keep changing employers... GSJ

Hi David, Did you or your advisors get something in writing from the ATO saying it is all OK, or is it verbal or from barristers? GSJ

Hehe, good one! GSJ

Ah, 10 weeks now...the wait continues... GSJ

Hi Chris or Dale, It's been about 5 weeks since then. Just curious if there's been any news from the ATO on this front yet? GSJ

Or for income purposes if the 5% increases over time to be greater than the 7%, so the interest would be fully deductible? GSJ

Income includes capital gain, so if this is also distributed to unitholders then it should be commercially viable? This PBR mentions 'capital distributions are discretionary', but I don't know what exactly this means...capital gain should be treated as income, and not discretionary, but go to...

Hi, Thanks Chris Batten for your reply. Your comment below is reassuring for those with HDT's, particularly I suspect those using your deeds: Nonetheless, it may be an anxious 2-3 week wait for some here. I suspect those who have entered into the PIT arrangement may have more to be...

Hi, Just a suggestion Alexlee, I am not sure what the cost of setting up a DT with trustee company is compared to a HDT with trustee company, but if they are similar in price, then it may be prudent to setup a HDT, but use it as if you would use a DT, ie, without the issue of 'special...

Hi, I would also add that I think that the increased HDT costs are offset by increased tax deductions available using this structure, and that (aside from the risks/uncertainty) the main hassle associated with the HDT is that less banks do finance with HDT's involved. GSJ

'If you don't like risk, don't play at the edges' Thanks Julia for your post... But, with the HDT you could argue that the CGT could be much less depending on your method of calculating the units redemption market value. Although, this does have its own problems as you have already mentioned...