OVERVIEW
For the 2010-11
income year:
- 729,622
trusts lodged returns, a 3.9% increase from 2009–10
- total
net income or loss reported by trusts was $151.2 billion, a 22.1% increase
from 2009–10
- trusts
reported total business income of $316.7 billion, a 7.3% increase from
2009–10
- total
trust business expenses were $291.7 billion, a 2.2% increase from
2009–10.
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