Trung Vu1 min readCompanies and Small BusinessTAX TIP #8: DIVISION 7A | SUB-TRUST ARRANGEMENT & PROPOSED CHANGESIn Tax Tip #7 , we discussed the 17 year UPE arrangement being a combination of a 10 year sub-trust arrangement and a complying Division...
Trung Vu1 min readCompanies and Small BusinessTAX TIP #7: DIVISION 7A | 17 YEAR ARRANGEMENTS Facts Trust T resolves to distribute income of the trust to Company C. However, Trust T requires those funds for the business generally....
Trung Vu1 min readCGT & GSTTAX TIP #2: CGT SMALL BUSINESS CONCESSIONS | 15-YEAR EXEMPTIONFacts Company C owns and operates a business for the past 15 years. Trust T holds 100% of shares in Company C for the same period....