Introduction -- Recent developments -- What does the trust deed say? -- Division 6 and discretionary trusts -- CGT an discretionary trusts -- Particular kinds of trust -- Income considerations -- Beneficiary considerations -- Making the distribution -- The 2011 streaming amendments law: summary, examples and deadlines
Summary
"The way income tax and CGT impact on distributions by discretionary trusts is becoming increasingly complex. The High Court's decision in the Bamford case resolved some issues, and legislative amendments that became law in 2011 dealth with the streaming of capital gains and franked distributions. A number of issues are the subject of ATO rulings. Also, a consultation process is in progress with a view to addressing the problems raised by Div 6."--Back cover
