PROFESSION • By Matthew Taylor
BDO has made a submission to Treasury in response to the consultation paper on minimum tax on discretionary trusts, focusing on several key issues that may create uncertainty, unintended outcomes and practical challenges for taxpayers.
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In an effort to protect "fixed" commercial structures from inadvertent inclusion and to eliminate a punitive 60 per cent double tax on corporate beneficiaries, SW Accountants & Advisors has submitted a formal response to Treasury regarding the proposed 30 per cent minimum tax on discretionary trusts.
TAX • By Matthew Taylor
Read MoreThe accounting firm has made three new appointments, including two newly created roles.
PROFESSION • By Carlos Tse
Read MoreThe accounting firm has said that implementing a minimum tax on individual beneficiaries who receive discretionary trust distributions would be a fairer and simpler option than the measure currently proposed by the government.
TAX • By Miranda Brownlee
Read MoreWilson Asset Management has outlined several recommendations in its submission to Treasury’s consultation paper on minimum tax on discretionary trusts.
TAX • By Matthew Taylor
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