special trusts

Nunc Coepi Pty Ltd – Land Tax and Trusts decision

Nunc Coepi Pty Ltd – Land Tax and Trusts decision

The Appeal Panel within the NSW Civil and Administrative Tribunal determined whether the Tribunal erred in finding that the Trust Deed before them set out the trust as a special trust rather than a fixed trust within the meaning of section 3A of the Land Tax Management Act 1956 (NSW).