<div class="ais-Hits ais-Hits--empty">
<div class="alg__noSearchResult">
<div class="alg__noSearchResult_left">
<h5>Search Terms</h5>
<p class="noResult-note">No results for term "${term}"</p>
<p>Here's some search tips for better results:</p>
<ul>
<li>Check the spelling of your keyword.</li>
<li>Try alternate words or selections.</li>
<li>Try a more generic keyword.</li>
<li>Try entering fewer keywords.</li>
</ul>
</div>
<div class="alg__noSearchResult_right">
<ul>
<li>
<a href="#"> <span class="alg_noSearchResult_wrap"> <span class="alg_noSearchResult_container">
<p>Need more help?</p> <p>Get in touch with us</p> </span> <span
class="alg_noSearchResult_arrow"> <span
class="alg_noSearchResult_arrow_img"></span> </span> </span> </a></li>
<li>
<a href="#"> <span class="alg_noSearchResult_wrap"> <span class="alg_noSearchResult_container">
<p>Prefer the phone?</p> <p>Contact our friendly team on 1300 829 338</p> </span> <span
class="alg_noSearchResult_arrow"> <span
class="alg_noSearchResult_arrow_img"></span> </span> </span> </a></li>
</ul>
</div>
</div>
</div>
Membership
Join a collective voice of over 10,000 practitioners at the heart of the tax profession in Australia.
Education
Whether you're looking to upskill where needed, become a CTA, earn a postgraduate qualification, stay on top of emerging tax issues, or earn CPD, there is an option suited to your needs
Events
A broad range of events and opportunities across Australia in a variety of formats to suit today’s busy tax professional.
Resources
Discover our vast resources, designed to help you support your clients and grow your business.
Tax Knowledge Exchange
Explore our database of tax analysis, thought and opinion.
About us
The Tax Institute is Australia's leading professional association and educator in tax, providing the best resources, professional development and networks.
Resources
Events
Education
News & media
Explore by Topic
Taxation of trusts
Unit details
Level: Advanced
Estimated learning duration: 10 hours
CPD: 10 hours
Assessment: 20 multiple choice questions within 60 minutes. 75% pass mark.
2 attempts permitted.
Assumed knowledge: This unit builds on the knowledge gained in the Trusts fundamentals unit and Capital gains tax fundamentals unit.
Learning outcomes:
- Identify and explain the main CGT events that can happen in situations involving trusts and calculate capital gains and losses in different scenarios.
- Apply the various tests to determine whether a trust can utilise losses of earlier income years for non-widely held trusts.
- Explain the benefits and consequences of electing to be a family trust or an interposed entity.
- Advise on the impact of the trust streaming rules, including calculations of the component amounts to be included in the income of a beneficiary.