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Small Business CGT Concessions & UPEs
Acis, current as of: 20 April 2016.
In this presentation we discuss recent developments impacting the application of the affiliate and connected entity rules, as well as the calculation of the MNAV test and how to determine the net value amount. Without any prospect of some form of trust tax reform, the ATO continues to issue its interpretation on various trust matters. We look at recent UPE taxation developments which provide some clarification of the ATO approach in relation to UPEs.