• Transfers of property or services

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    If you have transferred property or services to a non-resident trust estate, the profits of the trust may be attributed to you - that is, the profits may be included in your assessable income even though you have not received a distribution from the trust.

    You will be regarded as a transferor if you:

    • have at any time transferred property or services to a non-resident discretionary trust estate, or
    • transferred property or services after 7.30pm on 12 April 1989 to a non-resident trust estate that is non-discretionary for either no consideration or for consideration less than an arm's length amount.
    Last modified: 05 Dec 2006QC 18000