“The ATO maintains a database of trusts that have made family trust elections and also trusts in companies and so on that have made interposed elections”
DM
David Montani
Accountants Daily Podcast Network ·
“The solution is... let's have that company make an interposed entity election and we'll get it into the group that way”
David Montani · Accountants Daily Podcast Network · Under the Hood: The restrictive family control test
Play from 6:26
6:26
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What was described
When a company beneficiary does not automatically fall within the family group, make an interposed entity election for that company to bring it into the family group
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