Deductibility - Interest on borrowings to fund a loan to a beneficiary?
I have. I'll acquire more prior to actioning.
If shares are sold, the trust will incur transaction costs and CGT tax implications.
If the trust borrows money, it will have none of these and...
That is correct Terry.
A similar situation to when an investment property accrues in value and the equity gained is distributed to...
Given there has been 60+ views and no responses, I question whether my question was clear.
- Director of a corporate trustee....
I am the director of a trustee and I wish to distribute some of the trust's equity via a loan, to a beneficiary.
The equity is...
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