The Carter case: disclaimer finally works!


Posted By and on 28/09/20

The recent Full Federal Court decision in Carter v FCT  [2020] FCAFC 150 (Carter), reported at 2020 WTB 37 [[]], highlights the important issues to be considered in the management of trust distributions and where appropriate, disclaimers. These issues are generally brought into acute focus in ATO audits. In Carter, significant defects in the distribution … Read more