An ATO registry of trusts and trust assets?

9Oct2017

 
In Europe, including in the United Kingdom, governments have established registries to record who is beneficially entitled to trust assets.  There is likely to be pressure for Australia to adopt these measures in the near future.  How would a trust registry work?  What are the risks for trustees and beneficiaries if such a register is established?  Are there any steps trustees should be considering in advance of the establishment of such a registry?  Dr Glover will consider these and other issues in relation to the establishment of a trust registry.

If you have any queries, please contact Angela Lee on 9225 8457.