Managed investment trusts

Sladen Snippet – SMSFs, unit trusts and the public trading trust rules – the end is nigh?

Sladen Snippet – SMSFs, unit trusts and the public trading trust rules – the end is nigh?

The draft legislation of the Government’s proposed new tax system for managed investment trusts proposes that super funds (and other exempt entities that are entitled to a refund of excess imputation credits) be excluded from the 20% tracing rule for the public trading trust rules.