ATO Posts

The ATO has advised that it will not undertake compliance action to consider the validity of a beneficiary’s entitlement, or the application of s 100A of the ITAA 1936, where a trustee is affected by liquidity issues due to COVID-19 and unable to satisfy a beneficiary’s entitlement.

Read more

Subscribe toTax Insight

Discover best practice and keep up-to-date with insights on the latest industry trends.