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I found a couple of interesting passages in the report to the treasurer from the Board of Taxation on the taxing of trusts. 37 Beneficiaries of discretionary trusts are not taxed on capital distributions or distributions sourced from unrealised capital gains. These features are all...

Just wondering how far this can be pushed, Could you use a hybrid trust, purchase a high gain (typically low yield) property, then negative gear against the low yield and take the capital tax free as discussed? Regards Kim