New tax rates for trusts/aop etc..

Ramesh Callore   06 July 2019

Ramesh Callore

 1 points

| My Other Post


The peak tax rates for super rich are now at 42.7%.

Does this become the new maximum marginal rate of tax ?

if so, then trusts (most of them) which were being taxed at MMR also will be taxed higher now ?

Is there any exemption from this given to pooled investment vehicles like Category iii Alternate Investment funds setup as trusts ?



Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Popular Discussion

view more »