Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-10
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FINANCIAL TRANSACTIONS
Division 235
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Particular financial transactions
Subdivision 235-I
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Instalment trusts
Operative provisions
SECTION 235-810 235-810 Object of this Subdivision
The object of this Subdivision is to ensure that, for most income tax purposes, the consequences of ownership of an *instalment trust asset flow to the entity that has the beneficial interest in the asset, instead of to the trustee.
View history note
Hide history noteSECTION 235-810 235-810 Object of this Subdivision
The object of this Subdivision is to ensure that, for most income tax purposes, the consequences of ownership of an *instalment trust asset flow to the entity that has the beneficial interest in the asset, instead of to the trustee.
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