Nature and authority - Australian Energy Regulator | AER

The proposed Act also attempts to preserve the critical tax benefits of the marital deduction and the annual gift tax exclusion on a gift of an income interest. ... Here we assume an all equity portfolio and a high 5% payout for the TRU and an income rule trust with an equivalent yield of 5% at that time, which would have required a 2/3ds bond ... ................
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