This presentation covers:
- how are trusts treated for tax purposes?
- accounting for trust income
- trust distributions, present entitlement and absolute entitlement
- special tax rules for taxing income and distributions
- CGT events and trusts
- the traps of resettlements
- taxing special types of trusts (deceased estates, testamentary trusts, child maintenance trusts, foreign trusts and other excluded trusts)
- family trust elections and trust losses
- Division 7A and trusts.