Published on 19 Jul 13
by QUEENSLAND DIVISION, THE TAX INSTITUTE
Many SMEs have structures with interposed entities. Complying with TR 2010/3 and PSLA2010/4 continues to cause headaches and the spectre of Division 7A can lead to major problems including:
- complying with PSLA 2010/4 - can it lead to problems in the trust relationship?
- dealing with UPEs in different structures involving interposed entities
- restructuring issues - time to reconsider?
- revisiting s109RB and asking for the Commissioner’s discretion for non-compliancewith PSLA 2010/4.