In Case 7/2014 [2014] AATA 952, the AAT has held that a husband and wife who were beneficiaries of a family trust were assessable on a capital gain earned when the trustee of their family trust entered into a contract to sell its business in 2007.
In Case 7/2014 [2014] AATA 952, the AAT has held that a husband and wife who were beneficiaries of a family trust were assessable on a capital gain earned when the trustee of their family trust entered into a contract to sell its business in 2007.