Australian Trusts Tax Handbook 2014-15


Australian Trusts Tax Handbook 2014-15

Aug 2014

ProView eBook
(approx. USD738.59)

The Australian Trusts Tax Handbook 2014-15 is a practical guide to the rules relating to the taxation of trusts to assist accountants and tax practitioners when dealing with this common but complex topic.

The Handbook outlines the relevant trust law concepts – particularly the importance of the trust deed – that play a key role when determining the tax position of the trustee and beneficiaries.

Current to 30 June 2014, the Australian Trusts Tax Handbook 2014-15 is streamlined to meet the needs of practitioners and advisers and brings together all the key trust tax provisions and concepts into the one publication with easy access to a number of trust deed clauses and plain English explanations, supported by numerous examples, tips, and warnings.

The Handbook also includes commentary on all key developments arising from the 2014 Federal Budget (such as the introduction of the 3-year Temporary Budget Repair Levy for high income earners), as well as on the current trust income tax provisions, including the measures relating to streaming of franked distributions and capital gains and the impact of Division 7A on trust estates, particularly in relation to unpaid present entitlements.