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Does the NTAA Corporate discretionary trust deed provide the ability to stream different forms of income (for instance, both business and passive, such as interest and dividends) as well as any capital gains that might arise?

Yes, our discretionary trust deed does specifically enable the trustee to “stream” or categorise different types of income, to the extent that this may be done under the applicable tax laws.  Refer in particular to subclause 5.5 and subclause 5.6 of our discretionary trust deed.


However, restrictions apply in relation to the ability of a trustee to “stream” income of a trust, in particular following legislative amendments in 2014 or thereabouts, irrespective of the provisions of the trust deed.