A New Tax System (Goods and Services Tax) Amendment Regulations 2003 (No. 1) (37 of 2003)
Schedule 1 Amendments
[3] After regulation 48-10.01
insert
48-10.01A Trust distribution and beneficiaries
For this Subdivision, if the trustee of a trust distributes
(a) the trustee is taken also to distribute the income or capital to the other entity; and
(b) the other entity is taken also to be a beneficiary of the trust.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
