Taxing distributions from foreign trusts: the Section 99B trap episode artwork

EPISODE · Nov 5, 2025 · 44 MIN

Taxing distributions from foreign trusts: the Section 99B trap

from Tax Archives with Fletch and Sarah · host HLS Tax Law

In this episode, Fletch and Sarah cross borders to expose one of Australian tax’s stealthiest provisions — section 99B — where what seems like a harmless capital payment from a foreign trust can quickly become assessable income for an Australian resident beneficiary. We unpack how sections 99B and 99C operate, when the Commissioner steps in, and why tracing the true source of funds is key to staying out of trouble. Along the way, we share practical tips for identifying amounts of corpus and the Commissioner’s current compliance approach to 99B.

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Taxing distributions from foreign trusts: the Section 99B trap

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How long is this episode of Tax Archives with Fletch and Sarah?

This episode is 44 minutes long.

When was this Tax Archives with Fletch and Sarah episode published?

This episode was published on November 5, 2025.

What is this episode about?

In this episode, Fletch and Sarah cross borders to expose one of Australian tax’s stealthiest provisions — section 99B — where what seems like a harmless capital payment from a foreign trust can quickly become assessable income for an Australian...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

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