Search results

Thanks I was confused 5k on Imp credits. However why/when/what is a family trust election?

Perhaps I am confused . Why and when must a family trust election be made? What happens idf it is not made . Are there consequences which follow. I spoke to the tax office 2 years ago but couldnt fathom the jargon they were throwing at me. I was sure there was a magic figure involved when...

At what loss level must a family trust election be done, so losses can be carried forward . I remember someone mentioning $5000. Under that amount it neednt be done. Is that true?