Message
reports

Thomson Reuters Trusts Tax Bulletin June 2022

Get all latest trusts tax news and developments

In this issue, we cover a range of topics affecting you and your clients including:

  • Final word on disclaimers by beneficiaries
  • The taxable facts as at 30 June rule from Carter does not have universal application: a reminder
  • Reimbursement agreements: long awaited guidance on s 100A, but read with caution!
  • TR 2022/D1: "Guilty until proven insane"
  • PCG 2022/D1: "Highway to the danger (red) zone"
  • TD 2022/D1: – Is this the Commissioner's answer to the lack of targeted amendments to Division 7A?
  • PCG 2021/4: Allocation of professional firm profits – ATO compliance approach – the lucky (or not so lucky) prize wheel!
  • Absolute entitlement and why 2022 should be the year for some certainty
  • The taxation of capital gains: at the end of the day, an optional tax?
  • The ATO's renewed focus on private groups – taxpayers need to be prepared

We also cover the latest:

  • Legislative announcements and development
  • Case law development
  • Rulings and other ATO documents
  • ATO administrative practice
  • State taxes
Thomson Reuters Tax News Team

 

Last revised on : 28-07-2022
 

Lawyer in Profile

Sophie Edgar
Sophie Edgar
Lawyer
+61 3 9258 3201
sophie.edgar@maddocks.com.au

Qualifications: BA, LLB, Deakin University

Sophie is a member of Maddocks Commercial team. She is a corporate and commercial lawyer with a particular focus on:

  • mergers & acquisitions,
  • contract drafting,
  • corporate restructures, and
  • general corporate advisory.

She regularly assists clients across multiple sectors including consumer markets (beauty and retail), industrial (manufacturing and distribution) and financial services. Her private sector clients include multinationals, private equity funds and founders.