On 10 August 2009, the Taxation Institute lodged a submission with the Minister for Financial Services, Superannuation and Corporate Law, and Minister for Human Services, Chris Bowen, following the meeting with him held on Friday 10 July 2009. The submission addresses concerns with:
- the impact of the new contributions caps
- excess contributions tax
- the 10% Rule, and
- the taxation of non-complying self managed superannuation funds.
For a copy of the submission, go here