A-Z index

Income from trusts

Non-assessable capital payments from a trust
If you receive a non-assessable capital payment as the beneficiary of a trust, it may affect your liability for capital gains tax, now or in the future. The term trust includes managed funds such as property and share trusts.
Taxation of trust net income - non resident beneficiaries: General overview of the changes
This provides a general outline of the measure that ensures trust distributions to non-resident trustees are taxed in the same way as distributions to other non-resident beneficiaries. This applies from 1 July 2006.