Tax on Estate - Do Beneficiaries Pay To ATO?

[Jenny B]

Do beneficiaries pay tax on interest earned by an estate while waiting for settlement? If so, when and how is it applied? By the ATO?

 

[haiqu]

Any income is taxable, and this includes interest on an estate. When and how that is applied is probably best answered by the ATO.

 

[winston wolf]

The estate is making the money therefor any tax is payable by the estate prior to distribution.