Access your income statement
You will receive either an income statement via myGov or a payment summary from your employer depending on how
Trust splitting is a common term for an arrangement where separate trustees are appointed over different assets of an existing discretionary trust.
Each trustee is typically controlled by a different party.
The intention of trust splitting is to produce a structure where each trustee is able to deal with the assets it holds independently of the other trustees. In particular, the trustee is able to deal with the assets largely for the benefit of the controlling party.
In consultation with tax practitioners, the ATO is developing guidance about the tax consequences of trust splitting arrangements.
Please fill out the form below and we will call you back as soon as we are available.