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03 Dec 2024
5 minute read

ATO finalizes rulings on tax treatment of amounts from nonresident trusts – 3 December 2024

David Thomlinson
ATO finalizes rulings on tax treatment of amounts from nonresident trusts
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On 27 November 2024, the Australian Taxation Office released the following guidance:

  • TD 2024/9 Income tax: factors taken into account applying paragraphs 99B(2)(a) and (b) of the Income Tax Assessment Act 1936; and
  • PCG 2024/3 Section 99B of the Income Tax Assessment Act 1936 – ATO compliance approach.

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David Thomlinson

David Thomlinson

Partner, Deloitte Private
+61 2 8260 4005

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