Purporting to distribute money to children to take advantage of their tax-free thresholds sends a message about how important it is to be truthful when complying with the tax law.
The High Court of Australia has given the Australia Taxation Office a green light to use leaked information about offshore tax havens.
Anyone can use a discretionary trust but the beneficiaries of trusts are usually all part of the one family, writes Dale Boccabella.
