The very limited CGT relief sometimes available on divorce is cold comfort for those taxpayers who face considerable tax liabilities as a result of the deemed dividend, tax loss, bad debt, debt forgiveness, FBT or GST rules, or for those who now face problems arising from making family trust elections. This presentation covers:
- tax losses and bad debts
- debt forgiveness
- interest deductions
- ETPs
- FTEs
- child maintenance trusts
- trust splitting.