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In recent times the taxation of trusts has been subject to a degree of uncertainty in the wake of court decisions such as Bamford v Commissioner of Taxation and the Colonial First State Investments Ltd case
Introduction Australia continues to reform its tax and regulatory regime aimed at facilitating investment into Australian private equity, real estate and other funds
A Bill has been introduced into Federal Parliament that will make it difficult for individuals with an income of $250,000 or more to claim deductions from non-commercial business activities
