- Presentations, Technical Resource
- Investment standards
National Conference 2024
It’s not uncommon for SMSFs to transact with related parties. Unfortunately, it’s also not uncommon for things to go wrong leading to adverse tax and super law compliance problems. Through real-life case studies, Lyn and Naomi will illustrate common pitfalls and the ramifications of not adhering to arm’s length dealing principles. Come along to the workshop to discern what can go wrong with complex related party transactions, how your SMSF auditor is likely to approach the situation and what you could do differently next time to avoid scrutiny from the ATO and the application of the non-arms length income (NALI) provisions.
The contents of this resource are taken to be correct at the time of publication.
Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association