TaxRambling.com

The Rants of a Tax Nerd

The next idea to avoid Div 7A gets messy

From the ATO website…

Screen Shot 2017-12-04 at 1.42.31 pm

Lots of people have asked me for years if they can “fix” a UPE from a unit trust to a company that is subject to Div 7A by converting the UPE to an equity investment in the trust by having the UPE replaced with units in the unit trust.

What do you think?

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Ken Mansell

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