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  5. Trust

Trust

Trusts carrying on an enterprise are entitled to an ABN.

A trust is an obligation imposed on a person or entity (trustee) to hold property or assets for the benefit of others (beneficiaries). Trustees are legally responsible for the operation of the trust.

See also:

  • Trust – ATO website
  • Trust – business.gov.au
Last modified
2 Aug 2018
ID
35

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