NTAA EXPRESS - ATO Targets Distributions From Overseas Trusts and Deceased Estates

Our online recording is available NOW!

Our next live stream is on Thursday 30 January 2025 at 1pm AEDT. 

This seminar addresses the ATO’s increased audit focus on S.99B, in light of NEW ATO rulings. 

We provide a practical guide on how the ATO will apply S.99B to distributions from foreign trusts, deceased estates and the potential impact on resident trusts. 

Key topics include:

• When does S.99B apply to tax Australian residents on distributions from foreign trusts?
• Common scenarios that may trigger S.99B 
• Dangers related to inheritances received from foreign deceased estates
• ATO confirms S.99B exceptions only apply in limited circumstances
• When will the ATO consider a distribution to be ‘low risk’ under its compliance approach?
• Proper record-keeping is essential to prove S.99B does not apply to foreign trust and deceased estate distributions
• A dedicated Q&A session at the conclusion of the presentation

Delegates will receive: 

• A recorded copy of the presentation – Available NOW
• 1 hour of CPD
• Insights on the key guidelines
• Dedicated Q&A session
• Clear and concise analysis
• Presentation slides

Presented by James Deliyannis and Ben Kilkenny on behalf of the NTAA.