Tax Talks

403 | Div 6E Income

Div 6E income is relevant when your trust income includes capital gains and/or franked distributions. Then Div 6E will avoid double taxation.

402 | Trust Loss Allocation

The 1884 Upton v Brown court case is of great importance in taxation. It involved Upton and Brown, beneficiaries of a discretionary trust, where one had income rights and the other controlled the trust's capital.

Update 35 | s100A Pain Points

There are many s100A pain points - let's cover five in this update.

401 | Trust Loss Questions

Let's go to the very start and look at trust income. Because we need to understand trust income before we can talk about trust losses.

400 | Foreign Trust Example

The theory around foreign trusts is confusing. So in this episode let's use a New Zealand trust as a foreign trust example.

399 | Foreign Trusts

Foreign trusts are not an issue per se. Nor are resident trusts. It really depends. But if you do have a foreign trust, watch out for s99B ITAA 1936. That is a really dangerous one.

398 | Asset Protection Trust

An asset protection trust (aka equity split) does not give you 100% protection but it helps. Each layer you use increases your protection from creditors.

397 | Asset Protection Layers

Asset protection layers can get pierced through. None is watertight. But the more layers you have, the more protected you are.

396 | Asset Protection Silos

Asset protection silos are to ringfence the assets of one business from the creditors of another.

395 | Transfer Pricing Examples

Here are five transfer pricing examples that cover common transfer pricing issues.