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Sladen snippet – Victorian discretionary trust deeds must be amended by 1 March 2020 to avoid foreign duty surcharge
The State Revenue Office (SRO) have announced that its current “practical approach” in relation to whether trustees of discretionary trusts trigger the foreign duty surcharge will cease from 1 March 2020.
International tax series Part 6: recap: foreign residents, Australian residents, and capital gains
This is the sixth in our international tax series.
In this article we recap and summarise previous articles as those articles relate to:
Part 5: Australian residents, foreign trusts, and foreign funds
Our international tax series considers tax issues for non-resident beneficiaries of Australian trusts and Australian beneficiaries of non-resident trusts.