Beneficiaries assessable on capital gain - Case 7/2014 Background
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Beneficiaries assessable on capital gain - Case 7/2014

- 12 January 2015

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.