Section 100A Detailed Tax Alert

18 March 2022

The ATO released various publications about trust distributions on 23 February 2022. The publications have been over three decades in the making(!).

Overall, the ATO takes a strict view on certain aspects of the law. Most high net worth individuals, wealthy family groups and private clients could, in one way or another, be distributing trust income in a way that puts them in the ATO’s “red zone”, possibly prompting review or audit action.

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