Can I change my unit trust to become a fixed trust for land tax purposes in NSW?
An amendment or restructure of a unit trust to become a fixed trust for land tax purposes in NSW is possible however there are various stamp duty and taxation consequences to consider. Also, after such a variation has taken place there are changes to the power of the Trustee and Unit Holders under the Deed. • I have lost my trust deed. Can you help me? Where a trust deed has been lost there are several options including relying on the Trustee Act in your jurisdiction or, in some instances, by specific documentation. Contact us for more information. • I need a trust so that my self managed superannuation fund can borrow; my bank has told me I need a “bare trust”. Can you prepare this Trust? A trust for the purposes of superannuation borrowing under the SIS Act is not necessarily a “bare” trust per se, as it is subject to the terms of the loan made to the superannuation fund by the financial institution. We provide a trust for this purpose and associated documentation, including advice o
Related Questions
- I am a trustee of an existing trust that already holds Victorian land and I have acquired new land under that trust. What do I need to do for land tax purposes?
- I have just become a trustee of a new trust that recently bought Victorian land. What do I need to do for land tax purposes?
- Can I change my unit trust to become a fixed trust for land tax purposes in NSW?
