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LATEST VIEW LEGAL BLOG

Taxpayer 2 v Commissioner 1 – the continuing story of streaming franking credits via trusts
taxpayer-2-v-commissioner-1-the-continuing-story-of-streaming-franking-credits-via-trustsFor those that do not otherwise have access to the Weekly Tax Bulletin, a further recent article is extracted below.

The recent case of Thomas & Anor v FCT [2017] FCAFC 57 (as usual, if you would like a copy of the decision please contact me), contains some particularly interesting comments in relation to the distribution of franking credits by the trustee of a discretionary trust,
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