SMSF Association Submission – Draft Taxation Ruling TR 2010/1DC2 Income tax: superannuation contributions

The SMSF Association welcomes the opportunity to provide a submission on Draft Taxation Ruling TR 2010/1DC2 Income tax: superannuation contributions (the Ruling). 

We recommend that this submission be read in conjunction with our submission on LCR 2021/2DC Non-arm’s length income – expenditure incurred under a non-arm’s length arrangement (the LCR), as the issues are highly interrelated. We have intentionally avoided replication to provide a cohesive analysis; both submissions collectively address the issues arising from the interaction of the contribution and NALI provisions and should not be considered in isolation.