Trusts Intensive Series - Part 2: Capital Gains and Foreign Beneficiaries of Australian Trusts: What Do We (and Don’t We) Learn from Peter Greensill Family Co v FCT [2020] FCA 559?

Published on 23 Jun 2020 | Took place at Online, National

Peter Greensill Family Co v FCT [2020] FCA 559 holds that capital gains of a resident trust from non-TAP assets do not escape Australian taxation by being distributed or attributed to a non-resident beneficiary. This webinar worked through the key issues for taxpayers and the policy and history of the legislation, including potential treaty issues and points not addressed in the judgment.