Capital gain from trust distribution is not in the company
There is caital gain in the trust distributed to the company, but it seems not included in company tax return. The company and trust is connect in XERO, all the income is in but not the capital gain, it is in 'Trust income schedule', but not included in company taxable income.
1
vote
Cassie Liu
shared this idea
Hi 👋 your idea is being looked into by our Community team. We'll be in touch soon to update you once your idea has been reviewed.
Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂
