Non-arm's length SMSF loans = huge tax bill!
Publication date: 26 May 14 | Source: CCH TAX WEEK
Issue: Issue 15 24 Apr 2014
Pages: pp 1-3
Abstract:
The ATO has released a Private Binding Ruling suggesting that an overly favourable related party SMSF loan can give rise to significant negative tax implications. This note discusses the facts of the Ruling.
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Author profiles
Daniel Butler CTA

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Bryce Figot CTA
Bryce is a Director at leading SMSF law firm DBA Lawyers. He practices predominantly in taxation and superannuation law, particularly the law of SMSFs. He is regularly quoted and published in the Australian Financial Review, the Herald Sun, CCH and LexisNexis publications, and elsewhere in the financial press. He presents extensively to accountants, financial planners and lawyers Australia-wide. Bryce has worked with DBA Lawyers since 2003. He holds both a bachelor degree and a masters degree in law and is an accredited Specialist SMSF Advisor. - Current at 10 December 2015More by Bryce FIGOT
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