Courts keep saying that Gift and Loan-Back strategies do not work

Asset protection is a lifelong pursuit. We set out some valuable asset protection strategies here. However, one strategy that we do not get involved in is the Gift and Loan-Back strategy. Perhaps we are too conservative as a taxation and superannuation law firm but we...

Papua New Guinea’s Tax System for Australians

Navigating the Tax Landscape: A Guide to Understanding Papua New Guinea’s Tax System for Australians PNG tax system – an Australian perspective This guide aims to provide Australians with an in-depth understanding of the tax system in Papua New Guinea...

Changing the jurisdiction of a trust

An Australian trust exists under state law. So your trust may be under the laws of a state. E.g. New South Wales, Victoria, Northern Territory or any other state or territory. This is called the trust’s ‘jurisdiction’. Can you change the...