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https://www.grzic.com.au/latest-news/53245
For example, a partner earning $1 million who previously took $200,000 personally and distributed the rest through a trust would have to report at least $500,000 as personal income
https://www.grzic.com.au/latest-news/52407
Tax lawyer flags compliance traps with family trusts - Grzic Partners Accountants have been warned about family trust issues that can lead to unexpected tax bills for clients, with the ATO scrutinising this area