AJML Accountants Update – Guide on Trust Part 6 – Terms
13 December 2022Guide on Trust Funds – Part 6 The appointor(s) The appointors (or appointor) of a trust have the real power and control of the assets of a trust, since the […]
AJML Accountants Update – Guide on Trust Part 7
Guide on Trust Funds – Part 7 Why can’t a sole trustee be a sole beneficiary? The sole trustee cannot be the sole beneficiary because a trust is a legal […]
AJML Accountants Update – Guide on Trust Part 9 Tax Return
Guide on Trust Funds – Part 9 The franked dividend streaming rules The trust deed must allow for streaming The franked dividend must be distributed in its character as a […]
AJML Accountants Update – Guide on Trust Part 12 land tax 1
Guide on Trust Funds – Part 12 About Land Tax Land tax is a tax levied on the owners of land in New South Wales (NSW) as at midnight on […]
AJML Accountants Update – Guide on Trust Part 11
Guide on Trust Funds – Part 11 Bamford v. Commissioner of Taxation: Anti-avoidance rules The changes also introduce two specific anti-avoidance rules. The first rule, the pay or notify rule […]
