NewsBite

Shaun Cartoon

June

Many high-wealth family groups have a corporate beneficiary that receives distributions of trust income from one or more family trusts in the group.

The ATO ‘loan’ rules all wealthy families should know

Complex Division 7a penalties on some trust payments to companies are still catching many by surprise – even though they started almost 30 years ago.

Original URL: https://www.afr.com/by/shaun-cartoon-p537i7