LAWFUEL – This alert summarizes Schedules 9 and 10 of the Tax Laws Amendment Act 2007, which contains changes to the taxation of Australian resident trusts. The changes are important for the property industry as trusts continue to be the investment vehicle of choice for Australian real estate where an Australian holding vehicle is required. This newsletter is prepared by John Walker who is a Partner in Baker & McKenzie’s Sydney office.
http://www.bakernet.com/BakerNet/Resources/Publications/Recent+Publications/AustralianREITsCAJul07.htm
