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ATO Taxpayer Alert on 'Hybrid Trusts'
See Chris Batten's prophetic words on the Julia 'Alternative to HDT strategy' that was recently canned by the Labour goverment, ouch!, quoted by NickM...:D :p http://www.invested.com.au/4/more-hdts-34407/index3.html- JIT
- Post #43
- Forum: Accounting and Tax
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ATO Taxpayer Alert on 'Hybrid Trusts'
From the MGS response, what are the implications of the "proportionate theory"? Particularly in relation to capital gains? They say that this "determines the entitlement of the unitholder to capital gains and the value of their units for redemption purposes"... What does this mean??? Is this...- JIT
- Post #42
- Forum: Accounting and Tax
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ATO Taxpayer Alert on 'Hybrid Trusts'
"enabling the taxpayer's interest in the trust to be redeemed at face value, or face value, adjusted for inflation. " I think this is the bit Batten may have been suggesting a unitholder might do (but I could be wrong), and which the ATO are now pointing out (without making a clear commitment...- JIT
- Post #18
- Forum: Accounting and Tax