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Austini, Don't stress about using methods that the ATO have approved of in rulings. For example discretionary trusts. As was the case with the Salary Sacrifice arrangement they will give you plenty of warning that the law will change and no penalties to people already in that...

Bazza, My point is the ATO haven't said their deed is ok, they have just stated that their deed does not have any clauses that the ATO object to. Now if this is the case you have to ask why haven't they asked the ATO for a ruling. The process is free. If instead they have paid for a...

Now hang on a minute. What MGS put out is a statement that in their opinion their deed will not be caught by the ATO. Ed Chan put out a similar statement about the PIT and added that providing his clients use it correctly. MGS are not saying the ATO has approved their deeds or given them a...