shopping_cart

Your shopping cart is empty

The current state of limited recourse borrowing paper

Published on 04 Aug 11 by VICTORIAN DIVISION, THE TAX INSTITUTE

This paper covers:

  • why was the limited recourse borrowing exception changed?
  • a summary of the old and new borrowing requirements
  • asset requirements
  • limited recourse requirements
  • refinancing
  • in-house asset rules
  • the custodian trust
  • tax issues.

Author profile

Philip Broderick CTA
Phil Broderick, CTA, is a principal of Sladen Legal and heads its Superannuation team. He is member of a number of superannuation-related committees. This includes being the chair of The Tax Institute’s Superannuation Committee and the chair of SISFA’s Technical Committee. He is also a member of number of the ATO’s superannuation liaison groups, including the Superannuation Industry Relationship Network (SIRN) and the Superannuation Industry Stewardship Group (SISG). He is also heavily involved in liaising with Treasury and the ATO in relation to the implementation of new superannuation laws and administrative practices. Phil is listed in the 2020 Best Lawyers for Superannuation Law in Australia. Phil’s areas of practice include superannuation, estate planning and succession, duties and state taxes, trusts, federal tax and business structuring. He is a regular author and presenter. His articles have featured in The Tax Institute’s Taxation in Australia journal and CCH’s Super News. He has presented at seminars and conferences conducted by The Tax Institute, the Television Education Network, Legalwise and various accounting bodies. - Current at 31 October 2019
Click here to expand/collapse more articles by Philip BRODERICK.

 

This was presented at Show me the Super .

Get a 20% discount when you buy all the items from this event.

Individual sessions

The rules of the game - Taxation of SMSFs

Author(s):  Jeffrey CHANG

Materials from this session:





Further details about this event:

 

Copyright Statement
click to expand/collapse