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Trust splitting please help!!

Discussion in 'Accounting, Tax & Legal' started by rush, 8th Mar, 2010.

  1. rush

    rush New Member

    Joined:
    8th Mar, 2010
    Posts:
    1
    Location:
    perth
    Hi,

    Can anyone point me in the right direction.

    If you have a company C atf a trust T, and the trust holds assets a b c.

    Can the trust be split with the same beneficiaries, and assets transferred to the new trust without incurring CGT and SD?

    I know cloning and mirroring can no longer be done, but im not sure about splitting.

    Thanks in advance!