We have law – almost! As I predicted, the No. 5 Bill passed the Parliament by 30 June. It is currently awaiting Royal Assent, which we will understand will happen on or before 30 June. At that point,...
The Tax Institute
The one question that keeps cropping up is “will the trusts streaming provisions be law before 30 June 2011?” Some practitioners seem to think that with only 13 days before year end, there is no way...
Finally! The new measures to allow streaming of capital gains and franked distributions (including franking credits) have been introduced into Parliament. Now that they are making their way through...