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Distribution of TFN credits by a loss trust

Discussion in 'General Investing Discussion' started by Damacno, 2nd Mar, 2011.

  1. Damacno

    Damacno New Member

    Joined:
    2nd Mar, 2011
    Posts:
    1
    Location:
    Brisbane
    Hi

    Hope someone can help me here. I have a discretionary family trading trust that has a tax loss for the 2010 year. I know I cannot distribute the franking credits but can I distribute some TFN withholding credits to a family beneficiary?

    Does anyone know if I can.

    Thanks

    Damacno