Guide to completing Schedule 25A 2011

Foreign trust

A trust estate is a foreign trust estate if it:

• is not an Australian trust, an Australian superannuation fund, a complying approved deposit fund or a pooled superannuation trust
• did not result from
• a will, a codicil or a court order that varied or modified a will or a codicil, or
• intestacy or a court order that varied or modified the application of the law relating to the distribution of the estates of persons who die without leaving a will (subsection 481(3)).

Sections within Definition glossary

• Active income test
• Aggregate amount
• Arm's length pricing methods
• Arm's length principle
• Attributable income
• Attributable taxpayer
• Attribution account
• Attribution percent x adjusted distributable profits
• Attribution percent x interest/entitlement x section 456 to 459A amount
• Central management and control
• Change of residence of a controlled foreign company from an unlisted country to Australia
• Change of residence of a controlled foreign company from an unlisted country to a listed country
• Control in relation to a trust estate
• Controlled foreign company
• Controlled foreign company rules
• Controlled foreign entity
• Controlled foreign partnership
• Controlled foreign trust
• Discretionary trust estate
• Documentation
• Eligible designated concession income
• Eligible transferor
• Entitled to acquire
• Foreign company
• Foreign investment fund rules
• Foreign trust
• Intangible property
• International related parties
• Listed and unlisted countries
• Non-assessable non-exempt income
• Non-monetary consideration
• Non-portfolio dividends
• Non-resident trust estate
• Other transactions
• Participates in capital
• Permanent establishment or branch
• Pricing methods for capital assets
• Related-party international dealings
• Relationship
• Services
• Subdivision 768-G of ITAA 1997
• Tainted assets
• Tainted income
• Tangible property
• Transactions
• Total dollar value
• Transfer pricing
• Transferor trust
• Transferor trust rules
• What income has been comparably taxed?