Trust deeds often need to be amended to address specific problems that arise. An amendment or variation to a trust deed may, in certain circumstances result in the creation of a new trust with tax and stamp duty implications. Following items were discussed: what is a resettlement; capital gains tax implications; effect on trust losses; implications for managed investment schemes; and stamp duty.
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- Published On:5 May 1999
- Took place at:Menzies Hotel
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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.
This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
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