The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

4.12.5 Liabilities of a Controlled Private Trust & Controlled Private Company

Introduction

This section contains information on the treatment of liabilities of controlled private trusts and controlled private companies from 1 January 2002. It discusses how to determine a genuine liability and the method of apportioning an entity's liability.

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