Magdalena Njokos

Sladen Snippet - Government introduces Bill on the taxation of testamentary trusts

Sladen Snippet - Government introduces Bill on the taxation of testamentary trusts

The Federal Government has introduced the Treasury Laws Amendment (2019 Measures No. 3) Bill 2019 (Bill), which seeks to ensure that tax concessions available to minors on income on distributions by the trustee of a testamentary trust will only apply in respect of income that is generated from assets of the deceased estate transferred to that testamentary trust (or the proceeds of the disposal or investment of those assets).

Sladen Snippet - Variation to foreign resident CGT withholding payments

Sladen Snippet - Variation to foreign resident CGT withholding payments

PAYG withholding variation for foreign resident capital gains withholding payments – deceased estate and legal personal representatives