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Re: Re: Re: Trusts and Distriubuting Captial Gains - Tax Free? Hi Dale is there a way of transfering income into unrealised capital gain to be distributed with out the tax implications and the need for an outside loan? bundy :confused:

Re: Re: Trusts and Distriubuting Captial Gains - Tax Free? In MHO Cashbonds show as income. That is good for serviceability. Trusts set up to distibute capital using earnings/loans. This does nothing for declared income. Lenders do like to see taxable income so that is where the...

I did also find this at tax legal....... http://www.taxlegal.com.au/publications/Debt%20&%20Equity%20Provisions.pdf Looks like the rules have changed some and greater care is needed in setting up a loan with a trust benificiary :eek: bundy

Thanks Dale I think the set up may be more than my present accountant can handle, he may be able to do the ongoing paperwork. I guess my next moves are to read all of tax legal and wait for your book to arive in Adelaide next month. I will also light a fire under my mate with the hall...

Now if I have this right? You pay aprox $2000 to set up a trust and management company. You gift X amount to the trust and for my example the trust buys shares. Every year before tax time the trustee values the porfolio and decides to set up the capital distribution loan based on the...

I think this may be the most important thread on this forum yet! bundy