New 30 per cent trust tax creates significant challenges for private groups
Client AlertThe announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
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Navigating the emerging FTE risks
Join our webinar, where we’ll be uncovering the hidden tax risks associated with Family Trust Elections (FTEs) and Interposed Entity Election (IEEs) in Family Trusts.
With over 25 years having passed since the introduction of the FTE regime, its benefits are clear. However, as family groups expand and events related to succession and estate planning unfold, new and substantial tax risks are emerging.
Join us for an insightful session led by Andrew Smith, Grant Thornton's National Head of Technical Tax. Andrew will reiterate the benefits of both FTEs and IEEs before delving into the specific constraints they impose on Trusts. Drawing upon real-world examples, he will uncover the associated risks and offer practical solutions.
Given the intricacies of the current regulations, it’s crucial to understand that these risks are not confined to taxpayers. Tax advisors are also vulnerable, particularly given the significant tax implications that can arise from inadvertent errors.
Register now to equip yourself with the right strategies to remain risk-averse.
The announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
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Explore eight often overlooked tax issues impacting asset division and liabilities in family law.