The recent case of Commissioner of Taxation v Bendel [2025] FCAFC 15 (Bendel) has implications for SMSFs with investments in pre-1999 unit trusts, a special legal counsel has said.

The Federal Court has therefore in a unanimous decision said UPEs paid to a corporate beneficiary are not loans under Division 7A. The ruling overturns a long-held view of the ATO to the contrary.

While discussing the situation, Trump couldn’t resist commenting on Williams’ appearance. US President Donald Trump had an unusual compliment for Indian-origin astronaut Sunita Williams ...

Logitech introduces the G PRO X SUPERLIGHT 2 DEX, an ultra-light, ergonomic mouse for right-handed users, featuring a HERO 2 sensor and LIGHTFORCE switches. Despite excellent performance and ...

During the meeting, reporter Brian Glenn asked Zelenskyy, "Why don't you wear a suit? Do you own a suit?" Ukrainian President Volodymyr Zelenskyy’s signature military-style attire became a topic ...

You may get lucky, and Google’s Find My Phone function may still work, but without preventative measures, finding a lost smartphone is still very, very difficult. We’ll try to help with the ...

To construe s 109D as deeming a dividend to the trust would undermine the clear intention of Subdivision EA of the 1936 Act (the provisions dealing specifically with UPEs), with the consequence that ...

Not all of the distributions had been physically paid by the end of the relevant lodgement dates, thereby creating UPEs. In accordance with the standard taxing provisions for trusts under section 97 ...

On March 6th, 2021, Facebook [2] page pinnacleofcynical reposted the meme, receiving roughly 18,000 reactions and 15,000 shares over the course of seven months. On March 7th, the meme was reposted to ...