I say unit trust you say fixed trust …

But let’s not call the whole thing off. Unit trusts have an important role as an alternative to companies as a multi-party co-investment vehicle in the SME market. In this session, Daniel will address some federal tax traps that arise in the administration of unit trusts and the fixed / non-fixed debate including: 

• isn’t the pattern of distributions the save all?

• when is fixed not fixed?

• the blanket approach under PCG 2016/16 has some holes

• short and long positions, deltas, vested and indefeasible interests all required to get a franking credit

• CGT E4 and payments and

• in specie distributions and no CGT E5.