Family trusts are an ideal choice for many Australian families with multiple assets.
The Australian taxation of trusts is complex especially in relation to international trusts with Australian resident beneficiaries or settlors.
We provide tax advice to clients, trustees, professional fiduciaries and beneficiaries on the formation, amendment and ongoing management of Australian trusts.
WHO WE CAN ASSIST WITH FAMILY TRUSTS
AUSTRALIANS DEPARTING AUSTRALIA
For Australians moving overseas we provide tax advice regarding the ongoing tax obligations of your trust in Australia. We regularly work with our offices in the USA, UK and Singapore for clients who are moving to these regions to provide tax advice on how the tax laws of those countries will affect your Australian family trust.
AUSTRALIANS RETURNING TO AUSTRALIA
We assist Australians returning home with international trusts to comply with disclosure obligations in relation to assets held in foreign trusts. We often find, some trusts may need to be restructured to ensure negative tax consequences do not arise in Australia.
GLOBAL AUSTRALIAN FAMILIES
Australian families with Australian trusts need specialist international tax advice when family members decide to move abroad to study or work. We provide these families with international tax advice that minimises their risks and secures their wealth.
My wife and I have been clients of CST Tax Advisors since 2010.
We have come to rely on their detailed but personable approach and knowledgeable advice regarding issues affecting our personal and business affairs.
NEED ASSISTANCE WITH YOUR FAMILY TRUST?
Our team of experienced tax advisors will ensure you are aware of the tax obligations for your family trust and provide strategies to minimise your tax risks.
CONTACT US TODAY"*" indicates required fields
NEWS AND UPDATES
Tax Implications Of 401(k) And IRA Plans For Australian Tax Residents
9th Apr 2024
Matthew Marcarian
Retirement savings, especially when managing finances across international borders, can be complex If you live in Australia, but hold plans in the USA, you need to understand the tax implications of...
UK Budget 2024 – Non-UK Domiciled Tax Rules To Be Scrapped
27th Mar 2024
Richard Feakins
The current remittance basis tax regime will be replaced by a residence based regime from 6 April 2025 Foreign Income And Gains Existing non domiciled individuals who have been resident in the...
Podcast: Navigating NFTs, DAO and GameFI
21st Mar 2024
CST Tax Advisors
Boon Tan, Managing Director of CST in Singapore, recently joined Hemandra Tanapalan, Chief Executive Officer at Mstige Holdings, to discuss the intricate world of Web3 Together they unpack the tax...