The Tax Summit
         ← Back to Sessions
SMALL TO MEDIUM ENTERPRISE (SME)     
Tax_Summit_Icon_SME

Session 9.1: Trust distributable income – the remaining gaps

With Ken Schurgott, CTA (Life), Schurgott & Co Lawyers



The use of discretionary trusts in investment and business structuring for SMEs has enjoyed renewed interest following the 2019 federal election.  However, many issues still remain unresolved in relation to the taxation of distributable income.

This session will explore:

  •  Selective streaming of other categories of trust income after Greenhatch;
  •  Trustee determined allocation of expenses against categories of income;
  •  Recoupment of carried forward losses;
  •  Managing market value substitution capital gains; and
  •  Streaming and deceased estates particularly where there is a non-resident beneficiary.
  •  
  About the speaker