This session will cover the latest status on non-arm’s length income (NALI) and non-arm’s length expenses (NALE) working through practical examples and outlining tips and traps and strategies to minimise NALI/E risks including:
- The latest changes in the ATO rulings on NALI/E
- The latest changes in the ATO rulings on the difference between NALI/E and a contribution
- Dividend NALI
- Fixed trust and non-fixed trust NALI
- NALI and CGT; and
- General versus specific expenses and much more …