Last week we considered discretionary partnerships, absolutely entitled trusts and the trustee duties involved in making those structures work. This week we turn to the proposed rollover: how can an existing discretionary trust move into a different structure?...
This week we will continue our examination of the exposure draft legislation for the proposed 30% minimum tax on discretionary trusts. Last session we considered the proposed definition of “fixed trust” in s 272-65. We could not agree on how to read it,...
