A Matter of Trusts

Taxation in Australia Journal

The lowering of the company tax rate to 27.5% for certain companies has implications not just for eligible companies, but also for trustees and beneficiaries of trusts. This article considers:

• eligibility for the lower company tax rate;

• how imputation works with two-tiered company tax rates (together with examples); and

• the practical implications for trusts as they approach 30 June 2018, including a question about whether the rules work in the context of trusts distributing to companies.

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