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Division 7A loan agreements required for Family Trust bucket companies?

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Uploaded by on Nov 11, 2010

Question: In Bulletin 313 you said I need a Division 7A loan agreement between the Trustee of the Family Trust and the bucket company. However, the ATO's Practice Statement PSLA 2010/4 states that a 'trust resolution' or 'another document' can suffice. Why do you insist on a legal document?

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