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The New Compliance Approach in Relation to Trust Distributions
There's been a lot of media uproar on this topic lately, which is section 100 a. The legislation specifically for ordinary family and commercial dealings wasn't clearly defined to tax payers and advisers. So what the a t o are focusing on is trust distributions that are made out to beneficiaries to achieve a tax advantage. But there are circumstances where you can essentially use a trust to run your business structure.