Australian Residents, Foreign Trusts and Foreign Funds – The New Black! – covering the Australian tax implications of Australian individuals being trustees or beneficiaries of foreign trusts

The Tax Institute conducted its 7th Annual Victorian Tax Forum, in Melbourne over 17 & 18 October 2019, and Mr Neil Brydges of Melbourne legal firm: Sladen Legal, delivered a paper entitled: ‘Australian Residents, Foreign Trusts and Foreign Funds – The New Black! ‘ This is an important paper covering the Australian tax implications for Australian taxpayers becoming…

APRA’s ‘heatmap’ data on MySuper products – AFR article shows the best and the worst (nowhere to hide for dud super funds)

On 10 December 2019 (the same day as APRA released its ‘HotSpot’ material for MySuper products) the Australian Financial Review published an article relating to this ‘HotSpot’ material), written by Joanna Mather and Aleks Vickovich titled: ‘Nowhere to hide for dud super funds’. This is revealing material. See below for the article. [Tax Month –…