No. The Tax Office has confirmed in a public ruling (namely Taxation Determination 2006/4, now withdrawn for unrelated reasons) that ‘’clearly, the name by which a trust is known is not a term of the trust’’. Thus, a decision to change the name of a trust does not lead to the creation of a new trust. The position for stamp duty purposes in each state is the same as the tax position.
Does changing the name of the Trust cause resettlement or stamp duty issues?
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