Video Length 01:00:56
Trusts have become a viable and widely used vehicle as both an investment and a business vehicle, but the taxation regime governing trusts and trust distribution continue to be fraught with complexity and some elements of uncertainty with some significantly adverse consequences if taxpayers get it wrong.
This masterclass provides comprehensive coverage of the core requirements for effective establishment and operation of trusts, including family trusts and also the tax advantages and disadvantages of family trusts.
Specifically we will cover:
Key requirements for a valid trust structure at law
Scope and effect of trust vesting and resettlements
Core aspects of the income tax and CGT framework governing trusts and trust distributions
The legal structure and nature of a family trust
The core requirements for establishment of a family trust
The key taxation pro’s and cons of a family trust, including the scope and impact of family trust distributions tax
Tips, traps and planning strategies relevant to using trusts, including family trust
Complete Tax CPD
(100% Online – 40 Hours CPD/Year)
As a practising accountant, we are required to complete a total of 120 hours of CPD per triennium. This equates to 40 hours of CPD per year…
As well as meeting your CPD requirements, you are required to stay abreast of tax developments so as to provide the best service you can to your clients, whether it be from tax updates or special topic training.
Our signature Complete Tax CPD Program addresses both requirements providing you with 40 hours of quality training every year to meet your annual CPD requirements easily.
Each year, you will receive a total of 40 hours of CPD through tax update webinars and tax masterclasses.