Trusts & ATO
Reply: 2.1.1.2
From: Sim' Hampel
On 4/18/01 2:50:00 PM, Paul Zagoridis wrote:
>The latest changes were
>scrapped because they
>penalised discretionary trusts
>to the point of double
>taxation.
>
>Trust beneficiaries pay tax.
>No income is "destroyed" or
>"hidden". 100% of income...