A Matter of Trust
Taxation in Australia
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.
Download the full paper to continue reading: Trusts and two-tiered company tax rates