Trustees under the ATO spotlight

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Running Time: 6:48

Date: 01/07/2022

Discretionary trusts have been popular structures among family businesses and other groups because of their flexibility, their protection against assets, and their limited tax consequences.

Evan Beissel of Mazars says a new guidance proposed by the Australian Tax Office has trustees in its firing line. Evan explains what this all means and what trustees should be thinking about when planning distributions.

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Evan Beissel, Mazars