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21 August 2024

Podcast: TaxLand with Fletch and Sarah – Understanding the ATO’s new guidance on section 99B applying to distributions of capital from trusts

In this episode of TaxLand, Fletch and Sarah journey through the ATO’s new draft tax determination and PCG in relation to whether amounts of trust capital distributed to Australian resident beneficiaries are subject to section 99B.

In this episode of TaxLand, Fletch and Sarah journey through the ATO’s new draft tax determination and PCG in relation to whether amounts of trust capital distributed to Australian resident beneficiaries are subject to section 99B. There’s a special shout-out for art lovers and yacht enthusiasts who may benefit from foreign trusts: be careful of borrowing paintings or going sailing in the Mediterranean! Travel to TaxLand with us via Spotify or Apple Podcasts to learn more.

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Key contacts

Fletch-Heinemann
Fletch Heinemann
Partner
Sarah-Lancaster-web
Sarah Lancaster
Partner

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