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Trust stripping provisions paper
Published on 21 May 14 by QUEENSLAND DIVISION, THE TAX INSTITUTE
This paper covers:
- what section 100A targets
- key elements of section 100A
- other tax provisions besides section 100A that can apply to trust stripping arrangements
- current practical situations where section 100A could apply.
Author profiles
Dung Lam CTA
Dung Lam, CTA, is a Principal at West Garbutt and is based in Sydney. Dung has more than two decades of experience in advising on a wide variety of taxes including income tax, capital gains tax, GST and state taxes such as duty, payroll tax and land tax. Dung also has extensive experience advising on taxation trusts, superannuation issues in the self-managed superannuation funds arena and tax issues related to estate planning. Dung is a Chartered Tax Adviser, full member of the Society of Trusts and Estate Practitioners, an accredited Specialist in Business and Personal Tax with the NSW Law Society, a member of the Business Law Section Taxation Committee of the Law Council of Australia and a member of the NSW Law Society Liaison Committee with the Revenue NSW. Dung advises a broad range of clients ranging from corporates, small to medium enterprises, high net worth individuals, professional firms, accountants, financial planners and their clients. - Current at 17 January 2023Mark West CTA
Mark West, CTA is a qualified as a lawyer, chartered accountant and chartered tax adviser, Mark provides advice across the spectrum of taxes. Mark assists with all legal matters involving taxation law. He advises on appropriate business or investment structures/restructures and on making applications for rulings from the ATO. He assists with tax audits and with related settlement negotiations with the ATO and State revenue authorities. He has acted for clients in tax cases before the Administrative Appeals Tribunal and the Full Federal Court. Mark been listed as a leading tax lawyer in Queensland by Doyles Guide and The Best Lawyers™ in Australia.
- Current at
18 January 2024
This was presented at Annual Trusts Intensive .
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Testamentary trusts & deceased estates
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Current ATO issues with trusts
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Queensland duty on trust dealings
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Trusts in financial distress
Author(s): John WhittleMaterials from this session:
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Trust stripping provisions
Author(s): Dung Lam, Mark WESTMaterials from this session:
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Year end issues for discretionary trusts
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Asset protection & family law
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