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Homepage › Private Community Forums › Minimising Tax › Registered trust and non registered trust as beneficiary – PSI

  • Minimising Tax

    Registered trust and non registered trust as beneficiary – PSI

    Posted by marcus-500 on March 15, 2023 at 2:17 pm

    Has anyone tried using a registered trust with a corporate trustee to invoice corporate clients for consultancy work, and then distribute funds to a non registered trust as one of the beneficiary. If Professional Service Income applied to this work would the first trust simply be passing on the obligation to the non registered trust? I would think PSI rules don’t apply to non registered trusts?

    morag-janet-of-the-hill-family replied 2 years, 3 months ago 2 Members · 1 Reply
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