Taxation of trusts

The difference between taxable income according to the Income Tax Acts and trust income according to trust law of each individual trust deed has, in the past caused clients, accountants and lawyers a great deal of anxiety.

The decision in Clarke’s case and TD 2012/21 has provided more certainty in this area.

Our commercial team of lawyers has a wealth of knowledge about trusts and the definition and taxation of income and provide advice to accountants and other lawyers in this complex area.

Click here to enquire about the taxation of trusts
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