Show download pdf controls
  • Guidance on tax treatment of capital gains made by a foreign trust

    We have published Taxation Determinations TD 2017/23 and TD 2017/24.

    The Determinations were first released as drafts in 2016, and they relate to the tax treatment of capital gains made by a foreign trust from assets which are not taxable Australian property.

    The Determinations apply to income years commencing both before and after their date of issue. However, in relation to TD 2017/24, we will not devote compliance resources to examine the tax treatment of distributions of these gains when received by, or assessed to, Australian resident beneficiaries in income years before its date of issue.

    Read the products in full by visiting TD2017/23External Link and TD2017/24External Link.

      Last modified: 14 Dec 2017QC 54087