Call (07) 4151 8898 

Trust resettlements and CGT

The ATO has effectively confirmed that a trust deed can be varied without the trust being ‘resettled’ and causing CGT problems.

More specifically, they state that there should be no CGT consequences if the trustee validly exercises a power contained within the trust deed to change the terms of the trust (or the deed is varied with the approval of a relevant court), unless:

Recent Posts

VIEW ALL

Subscribe to keep informed!

Sign up for The Money Edge's Money Tips!



First Name
Email Address