Case study: FITOs and the $1,000 claim
True or false: If the “foreign income tax” paid in a financial year by a taxpayer is less than $1,000, they are automatically entitled to
True or false: If the “foreign income tax” paid in a financial year by a taxpayer is less than $1,000, they are automatically entitled to
From the outset there is no mischief with a discretionary trust distributing to a beneficiary that is a private company, provided of course, that the