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09:57
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Originally posted by Michaelirish
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We have had the ALP deliver the outline of their Policy on Trusts, on the weekend. It has been a good few days for the ALP
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Regarding 'splitting income' through family trusts, we have to discern what income is being 'split'. It is only income from invested assets, owned by the trust, and not 'personal exertion' income, that can be distributed......unless things have changed.
