First Principles of Business Law
Business organisations in Australia

4. Trusts

Question 8. Does running a business as a trading trust provide tax advantages?

 

 

 

Read the statements below and select the best one.

(a) Income from a trust can be distributed among the various beneficiaries in a way that minimises tax liabilities.

(b) The income from a trust will be taxed at the same rate, regardless of how that income is distributed between the beneficiaries.

 

 

 

 

 

 

 

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