ITAA 1936 s 109Y

Income tax: employee remuneration trusts

Deemed dividend: transfer of property from private company to relative of shareholder

Deemed Dividend: no dividend in future year where private company makes a payment and company has nil distributable surplus in year payment made

Deemed dividend: no FBT on a Division 7A shareholder loan where distributable surplus is nil

Div 7A: Court orders under the Family Law Act 1975