• Trusts & Managed Funds

    Expert advice for trustees, beneficiaries, fund managers and investors.


Tax Services For Trusts and Managed Funds

Trusts are highly complex structures. Fixed and non-fixed, discretionary trusts and managed investment schemes – all types of trusts can be complex to establish and maintain. But which one do you need? And what are the tax implications of each? BDO’s experienced trust experts are on hand to help trustees and beneficiaries’ structure and use trusts to suit their specific needs.

The taxation of managed investment trusts is also a highly technical area. Prescriptive rules apply that require careful consideration of all aspects of trust law, accounting and tax law to navigate difficult legislative provisions to achieve the desired tax outcome.

Our trust specialists can advise you in the following areas:

  • Tax planning and advice – creating, structuring and using particular types of trusts and corporate beneficiaries.
  • Managed investment trusts – advising on the establishment, operation and application of the special taxation rules applying to managed investment trusts.
  • Trustee Resolutions – Advising on trustee resolutions for discretionary distributions of trust income and capital gains to help lower the tax payable on the distribution and ensure the appropriate beneficiary is taxed on the income or capital gain.
  • Deductions for tax losses - Determining whether trusts satisfy the trust loss tests to allow the trust to deduct current year and prior year trust losses, including consideration of the appropriate elections to make.