Last week’s post considered the issues surrounding whether a partnership exists. One issue that is raised relatively regularly in this conte...

There are no statutory rules in the income tax law for deciding whether persons are carrying on business as partners. For tax purposes, a t...

It’s surprising how often we are provided with an original trust deed for a trust that’s been around for 10 or 15 years and are asked to giv...

When we’re dealing with a discretionary trust, one of the first things we need to do is to identify who the beneficiaries are. Is our client...

The first step in the process is to identify what sort of trust we’re dealing with. Discretionary trusts and unit trusts are usually relativ...

Following last week’s post in relation to the, suspected, Tax Office Ruling in relation to the Rinehart trust dispute matter, there was some...

Obviously, there has been an enormous amount of interest in relation to the Rinehart trust dispute matter over an extended period of time. I...