Interest in non-resident trusts: A review of the conflicting income tax regimes
Source: Australian Tax Research Foundation
Published Date: 1 Jan 1997
This book outlines the basic operation of regimes which relate to the taxation of Australian trusts deriving foreign source income and a taxation of Australian residents with interest in these foreign trusts. The layering of regime on regime under the current structure means the rules are probably amongst the most complex in Australia's international tax system. Particular attention is given to the policy objectives underlying these regimes, the application of reconciliation rules and through the benefits from a tighter targeting of the different regimes and a clearer delineation between them to eliminate overlaps and inconsistencies.
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
Already a Subscriber? Login now
Details
- Published By: Richard Krever, Lee Burns
- Published On:1 Jan 1997
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
Share this page