Date posted: 3/12/2019 2 min read

Submission on PUB00346 – If property held in a trust is rented out by a beneficiary for short-stay accommodation

CA ANZ recently provided feedback on this item explaining how the income tax rules apply if the property held in a trust is rented out by a beneficiary for short-stay accommodation.

CA ANZ recently provided feedback on the draft 'Question We've Been Asked' (QWBA) explaining how the income tax rules apply if the property held in a trust is rented out by a beneficiary for short-stay accommodation.

CA ANZ supports the publication of this QWBA and suggests points to assist non-tax readers or clarifications for completeness.

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PUB00346 – If property held in a trust is rented out by the trustees for short-stay accommodation, who should declare the income, and what deductions can be claimed?

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