I have funds in my company sitting in a account w
I have a non associated trust that has an investment property and mortgage.
I was wanting to know if l for example lent the trust $60k interest free over 5 years with a monthly repayment of $1000 per month
how would the tax department view this?
Would there be any negative tax implications to the business or the trust?
Hi @FG79,
Thanks for your patience, our technical teams have let us know that you will need to to apply for advice. Include any relevant details and send it to
TaxAdvice@ato.gov.au to get tailored assistance.
All the best, Nate
Hi @FG79
We'll have a look into this and get back to you with an answer shortly!
Hi @FG79,
Thanks for your patience, our technical teams have let us know that you will need to to apply for advice. Include any relevant details and send it to
TaxAdvice@ato.gov.au to get tailored assistance.
All the best, Nate
828 views
2 replies