On 23 February, the ATO released a number of long awaited guidance products for private and family groups with a particular focus on trust arrangements.
These products are:
- TR 2022/D1 - Section 100A reimbursement agreements
- PCG 2022/D1 - Section 100A reimbursement agreements – ATO compliance approach
- TA 2022/1 - Parents benefitting from the trust entitlements of their children over 18 years of age
- TD 2022/D1 - Division 7A: when will an unpaid present entitlement or amount held on sub-trust become the provision of ‘financial accommodation’?