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  1. V

    Help. Asset protection advice by tomorrow

    From the ATO: http://www.ato.gov.au/businesses/content.aspx?doc=/content/40223.htm Division 7A of Part III of the Income Tax Assessment Act 1936 (ITAA 1936) is an integrity measure aimed at preventing private companies from making tax-free distributions of profits to shareholders (or their...
  2. V

    Help. Asset protection advice by tomorrow

    But the trust is buying the house, is it not? Hubby is buying shares in a company that then "lends" the funds to the trust. So from the bank's prospective, hubby cannot offer the house as security because he has no direct connection to it. There is a company and a trust in the middle. Do I...
  3. V

    Help. Asset protection advice by tomorrow

    Buying OTP, the relationship you have with the developer?
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