Recorded Webinar: Streaming Income through Trusts after Thomas’s Case

 

Wednesday 20th September 2017
Duration:  approx. 2 hours

 ABOUT THE WEBINAR
Streaming rules are important for tax planning but the rules are complex. There have been developments in the ATO’s approach to trusts and streaming that impact trust administration and practice. But the really big news is the Full Federal Court decision of Thomas – the first judicial commentary on the streaming provisions.  This session gives a practical focus to the main issues following Thomas:

  • Thomas’s case explained
  • What the Court said about the streaming provisions
  • Effective streaming of capital gains and franked distributions
  • What if the trust deed says nothing about streaming?  What should the deed say about streaming?
  • Definition of income in the deed – what should it say?
  • If trustee makes a discount capital gain can the trustee stream exempt and taxable component?
  • Discount and non-discount capital gains - can the latter be streamed to a corporate beneficiary?
  • Can you stream unrealised capital gains – Fisher v Nemeske?
  • Ensuring expenses offset against streamed amount
 PRESENTER
Our presenter

Andy Milidoni, Special Counsel, Johnson Winter & Slattery, Sydney

Andy specialises in all aspects of taxation and revenue law related issues, as well as superannuation and trust law. He has advised on matters such as the tax implications of corporate mergers, acquisitions and restructures, managed investment schemes and stapled structures, funds management, the taxation of trusts generally, equity market transactions, debt market transactions and employee share schemes.

Andy also advises on superannuation for retail, industry and self managed superannuation funds, employment taxes including fringe benefits tax, PAYG, superannuation guarantee etc, wills and estates. He has been involved in pro bono matters including the deductible gift recipient applications, establishing private ancillary funds, public ancillary funds and charitable trusts and charitable institutions.

Andy has acted for clients in product ruling, class ruling and private ruling applications to the ATO and in negotiating settlements with the ATO related to tax audits and tax disputes.

 WHO SHOULD ATTEND?

This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

 ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: lisa@tved.net.au
Product Code: WBTSEP17
 Price:  $253.00 (Inclusive of GST)
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