Australia's largest stock trading and investment forum Australia's #1 stock forum

Owning shares through a trust structure, page-4

First 4 Last

Share
Profile

Follow
aimone

53,749 Posts.

60

30/11/17

07:53

Post #: 29238101
Share

Originally posted by The outvestor ↑

Back in the day that was a very popular strategy. However the ATO got savvy to this about 4-5 years ago and introduced legislation to impose the highest tax rate for children under the age of 18. If you don't have suitable family members to distribute to and are on a high tax rate, one option is to take advantage of the 30% company tax rate by setting up a company and distributing to it. Ideally a franked dividend can be paid out of the company in future years when you are on a lower tax rate. If you're not experienced in this kind of stuff you would obviously need to see an accountant.

Expand

.
thank you
Upvote

Reply

Top Stories

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

ASX Market Open: Growing war fears to get Week 25 off to poor start | June 16, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 4 Last