Unit 2: Taxation of Trusts - 2024

Dive in depth into the various aspects of how trust income is taxed - from who gets taxed, treatment of capital gains, tests for applying trust losses and more.

In this unit, we cover:

• Who gets taxed?

  • When there is income to which no beneficiary is presently entitled

  • When beneficiary is presently entitled

• Present entitlements

  • Conditions for a beneficiary to be ‘presently entitled’

  • Legislati...