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SAREC(Newbie)Newbie
20 Feb 2024

can a discretionary trust with a corporate trustee claim as a deduction the annual asic fee of the corporate trustee if the trust does not have a business.

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341 views
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Bruce4Tax(Taxicorn)Taxicorn
21 Feb 2024

Your trust deed should provide for reimbursement of trustee expenses incurred in order to continue acting as trustee.


Many trusts do not conduct businesses e.g. investment, SMSF, deceased estates, etc.


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