You have a trust for 2 reasons.
-first to protect your assets as a result of any legal or illegal situation.
-second to divide income amongst every /any beneficiary that can be added to beneficiaries,but with some obvious controller of the trust that for some reason (an obvious reason) judges/accountants pretend does not exist.
-clearly the object is to not establish any ownership of any assets ,clearly immoral imo.
Shorten and turnbull need a kick up the __ to allow such obvious tax avoidance to be legal.
But smsf's earning 50 to 100k an obvious easy target maybe.
